The future structure of the U.S. banking industry is likely to be characterized by many more smaller banks, as customers demand neighborhood banks operated by people they know personally
Indicate whether the statement is true or false
FALSE
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Which of the following is true of advertising in the new marketing communications model?
A) Advertisers are increasingly shifting toward digital media. B) Advertisers are spending more on broadcast advertising. C) Advertisers are finding traditional media less expensive. D) Advertisers are using less targeted media to reach customers. E) Advertisers have replaced print catalogues with digital versions.
A(n) ________ is an original creditor who becomes a beneficiary under the debtor's new contract with another party
A) donee beneficiary B) creditor beneficiary C) incidental creditor D) subsequent assignee
Project S has a pattern of high cash flows in its early life, while Project L has a longer life, with large cash flows late in its life. Neither has negative cash flows after Year 0, and at the current cost of capital, the two projects have identical NPVs. Now suppose interest rates and money costs decline. Other things held constant, this change will cause L to become preferred to S.
Answer the following statement true (T) or false (F)
Joel is a limited partner in the Snow Bird Limited Partnership. He invested $5,000 to buy his
interest. Joel is one of ten partners, two of whom are general partners. Snow Bird is now insolvent, with debts exceeding assets by $96,000. The partnership creditors sue all the partners for these debts. How much additional money must Joel contribute? A) $96,000 B) $9,600 C) $5,000 D) $0 E) $4,600