Outside members on the Board of Directors for a venture typically receive what percentage of stock in a venture?
a. .1-.2%
b. 3-4%
c. 1-2%
d. None of the above
c. 1-2%
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All else equal, firms that hold greater amounts of short-term assets are considered riskier than firms that hold greater amounts of long-term securities.
Answer the following statement true (T) or false (F)
The independent agency system:
A) is doomed because agent's commissions are too high relative to direct writers B) means the agent rather than the insurance company "owns" the business C) is not a good career path for most college graduates because the system is doomed to extinction D) is growing rapidly to the point of eliminating the direct writers
In IDEF1X, a non-specific relationship is indicated by ________
A) a hollow circle on each end of the solid relationship line B) no circles on either end of the dotted relationship line C) a solid circle on each end of the solid relationship line D) a solid circle on each end of the dotted relationship line
Answer the following statements true (T) or false (F)
1. The present value of four $10,000 semiannual payments invested for 2 years at 12% compounded semiannually is $43,746. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 2. The present value of eight $5,000 semiannual payments invested for 4 years at 8% compounded semiannually is $33,663.50. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 3. With deposits of $5,000 at the end of each year, you will have accumulated $38,578 at the end of the sixth year if the annual rate of interest is 10%. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 4. The future value of an ordinary annuity is the accumulated value of each annuity payment excluding interest as of the date of the final payment.