An investing company that owns ________ of another (investee) company's voting stock (but not more than 50%) is presumed to have a significant influence over the investee.
What will be an ideal response?
20% or more
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Which of the following statements is CORRECT?
A. The present value of a 3-year, $150 ordinary annuity will exceed the present value of a 3-year, $150 annuity due. B. If a loan has a nominal annual rate of 8%, then the effective rate will never be less than 8%. C. If a loan or investment has annual payments, then the effective, periodic, and nominal rates of interest will all be different. D. The proportion of the payment that goes toward interest on a fully amortized loan increases over time. E. An investment that has a nominal rate of 6% with semiannual payments will have an effective rate that is smaller than 6%.
One of the founding concepts of libertarian capitalism is caveat emptor, which means: A) truth in advertising
B) let the buyer beware. C) always maximize profits. D) sales potential.
The company making an automatic deposit must be given the account's American Banking Association electronic pin number and the bank account number in which the money is to be deposit
Indicate whether the statement is true or false.
Efficiency refers to how productive a company is in using its assets, and is usually measured relative to how much revenue is generated from a certain level of assets.
Answer the following statement true (T) or false (F)