What are foreclosure ghettos?
A)?The portfolios of financial institutions that have been beneficiaries of TARP
B)?Areas or neighborhoods with high rates of foreclosure
C)?Fannie Mae's portfolios
D)?None of the above
B
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Adam Corporation owns 1,000 shares of common stock of Rosen, Inc, a large publicly traded company listed on a major stock exchange. If Rosen issues a 20 percent stock dividend when the par value is $10 per share and the market value is $70 per share, how much and what type of income should Adam report?
a. $0 b. $2,000 ordinary income c. $14,000 ordinary income d. $2,000 ordinary income and $12,000 extraordinary income
A cost that will not be affected by later decisions is termed a sunk cost
Indicate whether the statement is true or false
Which of the following is NOT a critical success factor in locating facilities in the service sector?
a. proximity of competitors b. convenient access for customers c. traffic volumes and patterns d. frequency of government inspections
Who are the top two export partners of the United States?
A. Japan and China B. Canada and the United Kingdom C. Mexico and Canada D. Mexico and China E. The United Kingdom and Japan