Civil regulation has fully compensated for lack of binding global regulation.
a. true
b. false
Answer: b. false
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Portland Sound Cafe began business on January 1, 2016 . The corporate charter authorized issuance of 1,000 shares of no-par value common stock, of which 200 shares were issued, and 4,000 shares of $8 par value, 6% cumulative preferred stock, of which none were issued. Portland Sound sold 400 shares of common stock at $8 per share on May 1 . The entry to record the issuance of the shares on May 1
will: a. Increase Cash, $1,000; Increase Additional Paid-in Capital—Common, $320; Increase Common Stock, $680 b. Increase Cash, $3,200; Increase Additional Paid-in Capital—Common, $2,800; Increase Common Stock, $400 c. Increase Cash, $4,800; Increase Common Stock, $4,800 d. Increase Cash, $3,200; Increase Common Stock, $3,200
Once the prototype of Wainwright Industries' new riding lawnmower, made especially for women, passes concept testing, the next step is ________
A) commercialization B) focus group surveys C) concept development D) post-testing E) marketing strategy
Which of the following statements about the internal rate of return (IRR) capital budgeting technique is correct?
A. It is the same as the firm's required rate of return. B. It is the discount rate that equates the present value of a project's cash outflows (or costs) with the present value of its cash inflows. C. It is the discount rate at which the net present value of a project is negative. D. It is the rate of return at which a project's payback period is shortest. E. It is the discount rate that should be used to evaluate a project with multiple cash outflows.
The Sarbanes-Oxley Act of 2002 dealt with conflicts of interest in
A) investment banks. B) accounting firms. C) credit-rating agencies. D) all of the above.