Firms that develop strategies to change the environment are considered proactive
Indicate whether the statement is true or false
TRUE
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Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 . It had 50,000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $35 per share. The price-earnings ratio is
a. 7 times b. 14 times c. 2 times d. 5 times
Which of the following intensifies price competition?
a. Non-price-related costs of using competing alternatives are high. b. Wider distribution of competitor and or substitution offers. c. Personal relationships have been established. d. Switching costs are high. e. Customer need for time and location specificity.
If the law requires that a contract be in writing, failure of such a contract to be in writing does not impact its enforcement
Indicate whether the statement is true or false
A ________ is an order of the court that enables a government officer to seize property of the breaching party and sell it at auction to satisfy a judgment
A) writ of attachment B) writ of garnishment C) specific performance D) liquidation of damages