A corporation is referred to as a(n) ________ corporation in the state in which it was formed.
A. foreign
B. domestic
C. alien
D. multinational
Answer: B
You might also like to view...
Benjamin Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Container RefurbishedRevenue $5,400Employee salaries and wages$58,300 $1,000Refurbishing materials $700Other expenses$31,200 ?When the company prepared its planning budget at the beginning of March, it assumed that 26 containers would have been refurbished. However, 23 containers were actually refurbished during March.?The amount shown for net operating income in the planning budget for March would have been closest to:
A. ($700) B. $6,700 C. ($4,400) D. ($791)
How does smart buying improve your standard of living?
What will be an ideal response?
Howard is saving for a holiday. He deposits a fixed amount every month in a bank account with an EAR of 14.7%
If this account pays interest every month then how much should he save from each monthly paycheck in order to have $14,000 in the account in four years' time? A) $176 B) $308 C) $220 D) $352
Which of the following is a reasonable conclusion from the Tradeoff theory of capital structure?
A) A high debt ratio will result in a maximum price of a firm's common stock. B) A firm's common stock price will not be affected by the amount of debt a firm uses. C) A low debt ratio will result in a maximum price for a firm's common stock. D) Modest levels of debt have a more favorable impact on a firm's average cost of capital and stock price than no debt.