Housemate, Inc, makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in?
A)?all situations
B)?many situations.
C)no situations.?
D)?practically no situations.
B
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Worldwide Logistics provides the following information:
What is the company's residual income?
A) $200,000
B) $450,000
C) $1,400,000
D) $1,150,000
Cage Company had income of $35 million and average invested assets of $200 million. Its return on assets (ROA) is:
A. 35%. B. 1.8%. C. 17.5%. D. 3.5%. E. 5.7%.
How does the author suggest that the Internet’s legal resources be used?
a. to access low-cost legal forms and advice b. to identify the type of legal counsel you will need c. to seek advice from free legal services d. to find sample documents that match your industry, products, and services
Corporation A decides to borrow $1,000,000 and use the money to buy back $1,000,000 of its
common stock. The corporation pays 6% interest on its borrowed funds which exactly equals the amount of the dividend it used to pay on the common stock it repurchased. Therefore, A) Corporation A's net income will increase due to the tax deductibility of interest expense. B) Corporation A's gross profit will decrease. C) Corporation A will have no change in its operating income since the interest expense exactly offsets the prior dividend payment. D) Corporation A's operating income will decrease due to higher interest expense.