More stringent laws have made it so that deceptive advertising can no longer occur.
Answer the following statement true (T) or false (F)
False
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Which of the following might an analyst not want to eliminate from past earnings when using past earnings to forecast future earnings?
a. nonrecurring gains from the sale of assets. b. unusual asset impairment charges. c. nonrecurring restructuring charges. d. revenue from the sale of inventory.
A dishonest operator has breached his contract with you and owes you about $20,000. He is about to clear out his bank account (or so you have reason to believe). What remedy will you see to protect your interest?
A) An accounting B) Specific performance C) An Anton Piller order D) A Mareva injunction E) All of the above
As of November 14, Ben has an outstanding credit card balance of $1,100 from purchases made over the past month
The new billing period begins on November 15. Assume Ben's outstanding balance for the first 15 days of this new billing period (Nov. 15-29) is $1,100. Then on November 29, the financial institution receives a payment of $600 from Ben, reducing his balance to $500. This is the balance for the remaining 15 days. Using the average daily balance method and a monthly interest rate of 2.5%, Ben's finance charge would be A) $15.00. B) $12.50. C) $27.50. D) $20.00.
What are dividend payments?
A) payments made to a company by investors for a share of the ownership of that company B) incremental increases in the value of the stock held by an investor due to rises in share price C) the difference between the original cost price of a share and the price an investor receives when that share is sold D) a share of the profits paid to each shareholder on the basis of the number of shares they hold