The income level most likely to continue into the future and is commonly used in PE ratios and other market-based measures of performance is the ________.
What will be an ideal response?
sustainable income
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A LIFO liquidation occurs when a company sells fewer units than it buys during the period
a. True b. False Indicate whether the statement is true or false
Which of the following is true about the review of an adjudicative proceeding by a federal court?
A) The court will review both the legal and factual findings of the agency, even if the findings are supported by substantial evidence in the record. B) The court will review the factual findings but not the legal findings, unless the legal findings are supported by substantial evidence in the record. C) The court will not review the factual findings as long as they are supported by substantial evidence in the record. D) The court will conduct its own hearing and will not concern itself with the agency's legal or factual findings.
The ______________ annual rate is the annual rate of interest actually paid or earned. This reflects the effects of compounding frequency
A) effective B) nominal C) discounted D) continuous
A person is injured in an accident involving a GM car. The person sues GM, claiming the design of the vehicle was defective. They claim that they must ask the president of GM certain questions. The president:
a. must appear at any trial at which he is requested as a witness b. usually will not have to appear at the trial, but may have to give a deposition c. may designate subordinates to answer questions for him at a deposition d. may designate subordinates to give testimony at trial on his behalf e. cannot be required to participate in the litigation in any way unless he is the defendant