If an offer does not state how long it shall remain open, it remains open for ten days

Indicate whether the statement is true or false


False

Business

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Language that contributes to gender stereotypes should be avoided

Indicate whether the statement is true or false.

Business

A company issued rights to its existing shareholders to purchase, for $30 per share, unissued shares of $15 par value common stock. When the rights lapse,

a. Additional Paid-In Capital will be credited. b. Stock Rights Outstanding will be debited. c. Gain on Lapse of Stock Rights will be credited. d. no entry will be made.

Business

On March 1 . Suki Corporation entered into a firm commitment to purchase specialized equipment from the Sashimi Trading Company for ¥80,000,000 on June 1 . The exchange rate on March 1 is ¥100 = $1 . To reduce the exchange rate risk that could increase the cost of the equipment in U.S. dollars, Suki pays $20,000 for a call option contract. This contract gives Suki the option to purchase

¥80,000,000 at an exchange rate of ¥100 = $1 on June 1 . On June 1 . the exchange rate is ¥105 = $1 . How much did Suki save by purchasing the call option (answers rounded to the nearest dollar)? a. $20,000 b. $27,619 c. $47,619 d. Suki would have been better off not to have purchased the call option.

Business

A traffic offense, such as a speeding ticket, would be heard by a:

A) U.S. District Court. B) state inferior trial court. C) state probate court. D) U.S. Court of Federal Claims.

Business