A negative easement is the right to have someone who owns an adjoining piece of property refrain from making certain uses of his or her land.
Answer the following statement true (T) or false (F)
True
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Mammoth Mart's common shares are currently trading for $59.85 and the company paid its annual dividend of $0.60 per share
If your required rate of return is 12%, what is the implied growth rate in dividends? (Assume that dividends are expected to grow at a constant rate in perpetuity.) A) 1.00% B) 8.46% C) 10.89% D) 11.00% E) 11.46%
If a firm with a positive net worth is operating its fixed assets at full capacity, if its dividend payout ratio is 100%, and if it wants to hold all financial ratios constant, then for any positive growth rate in sales, it will require external financing.
Answer the following statement true (T) or false (F)
Mackenzie, an agent for Lindsay, signs an agreement with Kirk on Lindsay's behalf but neglects to tell her that the agreement requires the payment of a certain tax. The government prosecutes Lindsay for failing to pay the tax. She is
A. liable, because notice to Mackenzie is notice to Lindsay. B. liable, because notice to Kirk is notice to Lindsay. C. not liable, because Mackenzie did not tell Lindsay about the tax. D. not liable, because Kirk did not tell Lindsay about the tax.
One of the largest expense categories for most businesses is
A. advertising. B. research and development. C. payroll. D. professional fees.