Cool Corporation makes energy-saving air conditioning units. Cool anticipates a change in the demand for its products as a consequence of climate change. One argument in favor of requiring Cool to disclose this information is that it could lead to

A. additional protections under the Sarbanes-Oxley Act of 2002.
B. an increase in the number of shareholder suits against competitors.
C. sound investment decisions by investors.
D. the conversion of Cool from publicly held to privately held.


Answer: C

Business

You might also like to view...

What limitations of taste testing can be inferred from the experiential learning exercise in Chapter 9 where two samples of the same cola brand are tasted along with a third unidentified sample which is actually a different brand?

What will be an ideal response?

Business

Forty-four percent of all registered voters in a national election are female.  A random sample of 5 voters is selected.  The probability that the sample contains 2 female voters is

A. 0.6600. B. 0.6114. C. 0.5000. D. 0.3400.

Business

The ________ includes the interactions between domestic and foreign environmental forces, or between sets of foreign environmental forces when an affiliate in one country does business with customers in another.

A. foreign environment B. host country environment C. alien environment D. international environment E. global environment

Business

Sweet Company's outstanding stock consists of 1,000 shares of cumulative 5% preferred stock with a $100 par value and 10,000 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividend Declaredyear 1$2,000year 2$6,000year 3$32,000The amount of dividends paid to preferred and common shareholders in year 3 is:

A. $7,000 preferred; $25,000 common. B. $32,000 preferred; $0 common. C. $15,000 preferred; $17,000 common. D. $5,000 preferred; $27,000 common. E. $0 preferred; $32,000 common.

Business