The definition of acculturation is it embraces cultures of the previous time and the new location, while supporting a flexible adaptation that allows immigrants to “cross-over” by retaining their cultural pride and heritage.
a. True
b. False
a. True
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Return on equity is measured in terms of
a. days. b. times. c. a percentage. d. dollars.
Under the Americans with Disabilities Act, a person with a disabling illness
a. is not considered disabled once the illness is being managed with medicines. b. is not considered disabled unless there is no known cure. c. is considered disabled, but only at times when hospitalization is required for treatment. d. is considered disabled, even if the illness is under control.
You are considering an investment in IBM stock and wish to assess the firm's long-term debt-paying ability and its use of debt financing. All of the following ratios can be used to assess solvency except:
A. Debt to assets ratio. B. Number of times interest is earned. C. Net margin. D. Debt to equity ratio.
Which one of the following statements is TRUE?
A. An example of asset switching is borrowing money to buy equipment but instead taking it to Las Vegas to gamble with it. B. The commission required by the Federal Housing Agency for a small business loan is an example of an agency cost. C. An example of an agency cost is the salary of the agent hired to work for the principal. D. Creditors have a claim on a firm's earning stream through the dividend payments they receive. E. An example of asset switching is an option to exchange one piece of real estate for another.