Alex is a director of ABC, Inc Alex wants to personally make a major purchase from Bravo Co If it knew of the opportunity, ABC might be also interested in making that same purchase. Alex must:
a. advise the boards of both corporations of his conflict of interest.
b. first offer the opportunity to make the purchase to the disinterested directors of ABC or its shareholders.
c. resign from the board of directors.
d. abandon the idea of making the purchase himself.
b
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A method for handling missing responses in which respondents with any missing responses are discarded from the analysis is called ________
A) casewise deletion B) pairwise deletion C) alternate deletion D) concurrent deletion E) A and B
Bond A has a 9% annual coupon, while Bond B has a 7% annual coupon. Both bonds have the same maturity, a face value of $1,000, and an 8% yield to maturity. Which of the following statements is CORRECT?
A. Bond A trades at a discount, whereas Bond B trades at a premium. B. If the yield to maturity for both bonds remains at 8%, Bond A's price one year from now will be higher than it is today, but Bond B's price one year from now will be lower than it is today. C. If the yield to maturity for both bonds immediately decreases to 6%, Bond A's bond will have a larger percentage increase in value. D. Bond A's current yield is greater than that of Bond B. E. Bond A's capital gains yield is greater than Bond B's capital gains yield.
Which of the following will occur when inventory costs are decreasing?
a. LIFO will result in lower net income and lower ending inventory than will FIFO. b. FIFO will result in lower net income and lower ending inventory than will LIFO. c. LIFO will result in a lower net income, but a higher ending inventory, than will FIFO. d. FIFO will result in a lower net income, but a higher ending inventory, than will LIFO.
In studies in which high-quality formal planning did not lead to higher performance, ________ usually the culprit.
A) unforeseen events or conditions were B) demanding employees were C) stubborn ownership was D) lack of communication was