A corporation can recapture any profits realized by an insider on any purchase or sale of the firm's stock within any six-month period

a. True
b. False
Indicate whether the statement is true or false


True

Business

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A(n) ________ is a document that sets forth the rights and duties of general and limited partners

A) limited trade affidavit B) limited partnership agreement C) certificate of registration D) certificate of limited partnership

Business

Which of the following newspaper headlines is MOST likely to be seen as a result of changes in the cultural and social environment?

A. General Motors Offers Original Equipment Car Stereos with Satellite Radio Service B. Treasury Department Introduces New Currency to Combat Counterfeiters C. New Projection TVs Are Thinner, Lighter than Traditional TVs D. Gasoline Prices Increase Sharply E. McDonald's Changes Its Menu to Cater to Low-Carb Dieters

Business

Cardinal Pharmacy has purchased a small auto for delivery of prescriptions. The auto cost $28,000 and will be usable for four years. Delivery of prescriptions (which the pharmacy has never done before) should increase revenues by at least $40,000 per year. The cost of these prescriptions will be about $30,000 per year. The pharmacy depreciates all assets by the straight-line method. (Ignore income taxes.)Required:a. Compute the payback period on the new auto.b. Compute the simple rate of return of the new auto.

What will be an ideal response?

Business

Which architecture supports managing user access and using up-to-date antivirus software and patches?

A. Enterprise architect. B. Information architecture. C. Enterprise architecture. D. Infrastructure architecture.

Business