A gain is recognized on the disposal of plant assets when:
a. The sales price is greater than the book value and less than the residual value.
b. The sales price is greater than the book value and greater than the residual value.
c. The sales price is less than both the book value and the residual value.
d. The sales price is greater than the residual value but less than the book value.
b
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LeBron James, Stephen Curry, and other athletes are paid huge sums of money by companies for celebrity endorsements. If endorsements by these athletes create a clear understanding among consumers of the companies' products in comparison to competing products, they can help with the firm's ________ strategy.
A. targeting B. product excellence C. customer excellence D. positioning E. segmentation
Which of the following statements is true of equity fines?
A) The corporation is fined in a manner that is considered just and fair to shareholders. B) The fine is determined in accordance with criminal sentencing guidelines issued by a court of equity. C) The corporation pays the fine in the form of stock to a victim's compensation fund. D) The fine absolves corporate managers of all responsibility.
?Rolling Coast Inc. issued BBB bonds two years ago. These bonds provided a yield to maturity (YTM) of 11.5 percent. Long-term risk-free government bonds were yielding 8.7 percent at the time. The current risk premium on BBB bonds versus government bonds is half of what it was two years ago. If the risk-free long-term government bonds are currently yielding 7.8 percent, then at what interest rate should Rolling Coast expect to issue new bonds?
A. ?7.8% B. 8.7%? C. 9.2%? D. 10.2%? E. ?12.9%
Which of the following is true with regard to Hansen v. America Online, Inc?? A) ?The Utah Supreme Court accepted a wrongful termination suit brought by several employees
B) The employees were discharged for violating an employer's policy prohibiting possession of a firearm on the employer's property.? C) The court held that the discharge of the employees was not in violation of public policy.? D) The private property rights of the employer allowed the employer to ban firearms from its property.