Rising promotion costs and shrinking profit margins are the result of ________
A) new and improved technology
B) disintermediation
C) industry convergence
D) privatization
E) heightened competition
E
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To record the adjustment from a ________, the liability account is debited and the revenue account is credited at the end of the period
a. deferred revenue b. accrued expense c. deferred expense d. accrued revenue
A company's stock is selling for $35.70 per share at year-end. This current year it paid shareholders a $1.43 per share cash dividend, reported earnings per share of $11.00, and had 750,000 common shares outstanding at year-end. Calculate the company's dividend yield.
What will be an ideal response?
In making business decisions, Ridgeline Utility Service Company and other corporations should strive to be "good citizens" by evaluating
a. the legal implications of each decision. b. the public relations impact. c. the safety risks for consumers and employees. d. all of the choices.
Mallory Market Inc. relies on external debt financing and internally generated retained earnings to finance new projects. This is an unsustainable model because:
A) the firm cannot rely on outside financing to fund new projects. B) too much debt will lead to too much equity held by outside creditors. C) with no new stockholders the firm must eventually fail. D) This is NOT an unsustainable model.