Antidumping law has been called unfair for all of the following reasons EXCEPT
a. they do not reflect currency fluctuations.
b. they are based on average variable cost.
c. they are based on average total cost.
d. U.S. firms selling at home are not subject to the same rules.
b. they are based on average variable cost.
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(Appendix) To determine the cash generated from operating activities under the direct method, cost of goods sold must be adjusted to reflect the cash paid to suppliers for merchandise
a. True b. False Indicate whether the statement is true or false
Of the following, select the incorrect statement concerning earnings per share
a. During periods when all income is paid out as dividends, earnings per share and dividends per share under a simple capital structure would be identical. b. Under a simple capital structure, no adjustment to shares outstanding is necessary for a stock split on the last day of the fiscal period. c. During a period, changes in stock issued or reacquired by a company may affect earnings per share. d. During a loss period, the amount of loss attributed to each share of common stock should be computed.
The preferred dividend is generally stated as a percentage of the preferred stock's _____.
A. market value per share B. earnings per share C. call premium per share D. per share par value E. sinking fund
Which of the following is NOT an example of a bond that contains an option feature?
A) Callable bond B) Putable bond C) Convertible bond D) These are all examples of bonds with option features.