_________ can take the form of cash payments to the firm, government participation in ownership, low-cost loans to exporters and foreign buyers to encourage purchase, and preferential tax treatment.
Fill in the blank(s) with the appropriate word(s).
Subsidies
Subsidies are common in all countries, especially around agriculture.
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On December 31, 2009, Kallman Corporation had 160,000 shares of common stock issued and outstanding. On April 1, 2010, an additional 40,000 shares of common stock were issued for cash. During 2010, Kallman declared and paid dividends of $150,000 on its 20,000 shares of nonconvertible preferred stock. Net income for 2010 amounted to $400,000 . Kallman's earnings per share of common stock (rounded
to the nearest cent) for 2010 are a. $1.25. b. $1.32. c. $2.00. d. $2.11.
Chipps Corporation uses a discount rate of 9% in its capital budgeting. Management is considering an investment in telecommunications equipment with a useful life of 5 years. Excluding the salvage value of the equipment, the net present value of the investment in the equipment is ?$530,985. (Ignore income taxes.)See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.Required:How large would the salvage value of the telecommunications equipment have to be to make the investment in the telecommunications equipment financially attractive?
What will be an ideal response?
In Slater Numismatics v. Driving Force, Driving Force was set up by former employees of a firm Slater worked closely with. Driving Force then move to capture business from a major client of Slater. Slater sued for interference with contractual relations. The appeals court held that Slater:
a. failed to show improper interference with a contract, only possible interference with prospective customers b. could sue for intentional interference because Driving Force was shown to have "profit motives" for attempting to take away business c. had been defrauded by Driving Force d. could not sue Driving Force because it was a matter of "hard but honest competition" e. none of the other choices are correct
As a manager, Marcus is very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This is an example of the ________ theory.
A. ERG B. motivator-hygiene C. expectancy D. equity E. hierarchy of needs