Over the years 1981-2000, 4,770 nonfinancial firms exited the U.S. markets for publicly traded equity. Which of the following was the most frequent reason for a firm's exit?
a. Merger or acquisition
b. Bankruptcy or liquidation
c. The firm reverted to private equity ownership
d. The firm changed its listing to a foreign stock exchange
A
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The interest expense recorded on an interest payment date is increased
a. only if the market rate of interest is less than the stated rate of interest on that date b. by the amortization of premium on bonds payable c. by the amortization of discount on bonds payable d. only if the bonds were sold at face value
Which method for establishing the total marketing communications budget sets communication budgets to achieve the same amount of share-of-voice as competitors?
A) comparative-parity method B) objective-and-task method C) affordable method D) competitive-parity method E) percentage-of-sales method
Which of the following reports is an example of an analytical report?
A) A report summarizing the details of a recent seminar you attended B) A report recommending an antiterrorism security system for mass transit C) A report outlining the new company procedure for reporting workplace injuries D) A report showing state budget allocations for education
In a statement of cash flows, issuing bonds payable affects the:
A. investing activities section. B. free cash flow activities section. C. operating activities section. D. financing activities section.