One state can impose a tax on a corporation's property if the corporation does any business in the state

Indicate whether the statement is true or false


False

Business

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Which of the following is the correct date format for the financial statement heading?

a. Balance sheet for the year ended June 30, 2016 b. Income statement at December 31, 2016 c. Balance sheet at December 31, 2016 d. Statement of retained earnings at December 31, 2016

Business

Give an example of a country where significant regional differences have major implications for employment.

a. Africa b. United States c. China d. Mexico

Business

Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?

A. A project's NPV increases as the cost of capital declines. B. A project's MIRR is unaffected by changes in the cost of capital. C. A project's regular payback increases as the cost of capital declines. D. A project's discounted payback increases as the cost of capital declines. E. A project's IRR increases as the cost of capital declines.

Business

Which of the following statements is CORRECT?

A. Put options give investors the right to buy a stock at a certain exercise price before a specified date. B. Call options give investors the right to sell a stock at a certain exercise price before a specified date. C. Options typically sell for less than their exercise value. D. LEAPS are very short-term options that have begun trading on the exchanges in recent years. E. Option holders are not entitled to receive dividends unless they choose to exercise their option.

Business