The periodic payments on equity securities are called

A. interest payments.
B. dividends.
C. equity shares.
D. stock repurchases.


Answer: B

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All of the following statements about the overall marketing program for 3M's Post-it Flag Highlighters are true EXCEPT:

A. Students were initially the intended target market for the Post-it Flag Highlighter. B. David Windorski, the designer of the Post-it Flag Highlighter, appeared on The Oprah Winfrey show so she could thank him in person for "his most incredible invention." C. In his first attempt, David Windorski, a 3M inventor, designed the Post-it Flag Highlighter in exactly the right way to appeal to its target market. D. David Windorski, a 3M inventor, designed the second generation of Post-it Flag Highlighters and Pens WITHOUT the rotating cover to make it easier to insert replacement flags. E. Recently, 3M introduced additions to the Post-it Flag+ line: a Post-it Flag+ Gel Pen and a Post-it Flag+ Permanent Marker.

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When Delta increases its average fares, American Airlines and United often follow with similar increases. This is an example of

A. status quo pricing. B. customer orientation. C. competitor orientation. D. adding value.

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A system of internal control cannot be considered good until the possibility of human error has been completely eliminated

Indicate whether the statement is true or false

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Which of the following trade or business assets are Section 1245 properties? I.RacehorsesII.Livestock held for breeding purposesIII.Manufacturing equipmentIV.Residential rental property placed in service in 2008?

A. Only statement I is correct. B. Statements II and IV are correct. C. Statements I, II, and III are correct. D. Statements I and IV are correct. E. Statements I, II, III, and IV are correct.

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