When starting a corporation, people submit articles of incorporation to

A. a county judge.
B. the secretary of state.
C. the U.S. Attorney General.
D. the Department of Commerce.
E. the Small Business Administration.


Answer: B

Business

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When conducting a selection interview, Maria described the job to the candidate and answered the candidate’s questions about the job. Then Maria asked whether the candidate was still interested in the job. The candidate was no longer interested. Maria thanked the candidate for coming in and closed the interview. Maria’s interview ended after the ______ step.

A. open the interview B. present the realistic job preview C. ask your questions D. behavioral question

Business

Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 0.70. Based on the CAPM approach, what is the cost of equity from retained earnings?

A. 9.25% B. 7.00% C. 8.47% D. 7.08% E. 7.78%

Business

The Foreign Corrupt Practices Act prohibits bribery abroad

Indicate whether the statement is true or false

Business

On July 1, 20X4, Pillow Corp. obtained significant influence over Sleep Co. through the purchase of 3,000 shares of Sleep's 10,000 outstanding shares of common stock for $20 per share. On December 15, 20X4, Sleep paid $40,000 in dividends to its common stockholders. Sleep's net income for the year ended December 31, 20X4, was $120,000, earned evenly throughout the year. In its 20X4 income statement, what amount of income from this investment should Pillow report?

A. $6,000 B. $36,000 C. $18,000 D. $12,000

Business