In which of the following ways has the federal government acted to regulate the nature of CEO pay?
a. capping CEO pay based on total company revenue
b. forcing disclosure of CEO compensation to employees
c. forcing a max ratio of CEO compensation to nonmanagement employee
compensation
d. levying a special tax on CEO compensation
b. forcing disclosure of CEO compensation to employees
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The ______ is the price at which a foreign currency option can be exercised—that is, the price at which the foreign currency is bought or sold
a. strike price b. terms of trade c. rate of exchange d. exercise price
The Premium on Bonds Payable account is shown on the balance sheet as
a. a contra asset. b. a reduction of an expense. c. an addition to a long-term liability. d. a subtraction from a long-term liability.
A company's net worth is determined by subtracting its liabilities from its assets
Indicate whether the statement is true or false
The three major accounts of the ________ are the current account, the capital account and the official settlements account
A) balance of payments B) balance of trade C) trade surplus D) trade deficit