What is the effect of the exercise of stock options?
a. They generate cash to the issuing firm and therefore increase profit per share.
b. They are an expense at the time of exercise. This lowers net income.
c. They increase debt and lower borrowing capacity but have no effect on profit.
d. They increase the number of shares outstanding.
e. They have no immediate effect on profitability.
D
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The concentration of income in the high-income and large-population countries means that a company can be "global" by targeting buyers in:
A) just 50 countries. B) just 20 countries. C) just 10 or fewer countries. D) just 30 countries. E) none of the above
Interpreting, applying and resolving conflicts that arise under a union contract is called:
A. Contract administration B. Contract negotiations C. Past practice D. Mediation
The monetary value charged to customers for the performance of services sold is called a(n)
A) asset B) net income C) capital D) revenue
A continuous random variable is uniformly distributed between a and b. The probability density function between a and b is
A. zero. B. (a - b). C. (b - a). D. 1/(b - a).