In working capital management, risk is measured by the probability that a firm will be ________

A) unable to pay annual dividends to stockholders
B) unable to pay its bills as they come due
C) unable to repay its long-term obligations
D) unable to earn profits from day-to-day operations


B

Business

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Presented below are selected data from the financial statements of Wizard Corp 2017 2016 Net income $150,000 $120,000 Cash dividends paid on preferred stock $15,000 $15,000 Cash dividends paid on common stock $42,000 $38,000 Weighted average number of preferred shares outstanding 20,000 20,000 Weighted average number of common shares outstanding 105,000 95,000 Earnings per share is reported on

the 2017 income statement as a. $1.08 b. $1.20 c. $1.29 d. $1.43

Business

Customary international law is applicable domestically only after it is adopted by legislation, court decision, or local usage. This is called the ________

A. constitutive doctrine B. declaratory doctrine C. doctrine of transformation D. doctrine of incorporation

Business

Treasury stock is issued but not outstanding

a. True b. False Indicate whether the statement is true or false

Business

The sink or swim approach to socialization ________.

A. should never be used B. may present significant legal issues for organizations C. is preferred to others D. may work

Business