A direct transfer of funds from savers to firms occurs when new securities are issued in the primary market

Indicate whether the statement is true or false


TRUE

Business

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At December 31 . 2013 . Morrison Company had 700 shares of common stock outstanding. On September 1 . 2014, an additional 300 shares of common stock were issued. In addition, Morrison had $20,000 of 8 percent convertible bonds outstanding at December 31 . 2013 . which are convertible into 400 shares of common stock. No bonds were converted into common stock in 2014 . Net income for the year ended

December 31,2014, was $6,000 . Assuming an income tax rate of 50 percent what would be the company's diluted earnings per share for the year ended December 31 . 2014? a. $7.50 b. $5.67 c. $5.00 d. $4.33

Business

When considering whose ethical perception should be followed in situations in which the values in one country conflict with those in another, employees should look to ______.

A. religion B. personal ethics C. the organization’s code of conduct D. local government

Business

Describe the "Iron" customer segment discussed by Zeithaml, Rust, and Lemon

What will be an ideal response?

Business

Explain business market segmentation on the basis of operating variables

What will be an ideal response?

Business