? Which of the following statements is NOT CORRECT?
A. ?When a corporation's shares are owned by a few individuals and are not traded on public markets, we say that the firm is "closely, or privately, held."
B. ?"Going public" establishes a firm's true intrinsic value, and it also insures that a highly liquid market will always exist for the firm's shares.
C. ?When stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public," and the market for such stock is called the new issue market.
D. ?Publicly owned companies have shares owned by investors who are not associated with management, and public companies must register with and report to a regulatory agency such as the SEC.
E. ?It is possible for a firm to go public and yet not raise any additional new capital at the time.
Answer: B
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Total payroll for a given week is $12,000 . If 70 percent of the company's employees typically qualify to receive two weeks' paid vacation per year, assuming 50 working weeks, the entry to record the estimated liability for vacation pay for the week is:
a. Estimated Liability for Vacation Pay 840 Cash 840 b. Vacation Pay Expense 480 Cash 480 c. Vacation Pay Expense 336 Estimated Liability for Vacation Pay 336 d. Cash 168 Estimated Liability for Vacation Pay 168
Which hotel company utilized a non-traditional media campaign centered around remodeling a subway car to reposition its brand?
a. Marriott b. Hilton c. Choice Hotels d. Westin e. Sheraton
Write the dual of the following problem
Maximize 8X + 10Y Subject to: 5X + 3Y ? 34 2X + 3Y ? 24 Y ? 3 X, Y ? 0
A linear programming model solution with no integer restrictions is called a ________ solution
Fill in the blank with correct word.