Which of the following best describes a collector?
a. A person who posts comments, ratings, and reviews of products and services on blogs and forums
b. A person who produces content for blogs, Web sites, articles, and videos
c. A person who uses RSS feeds to gather information and vote for Web sites online
d. A person who posts status updates on social networking sites and microblogging services
ANSWER: c
Collector is a person who uses RSS feeds to collect information and vote for Web sites online.
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Uncertain tax positions:
A. are measured as the smallest amount of benefit that is cumulatively greater than 50 percent likely of being realized. B. are prohibited under GAAP. C. require a two-step process to determine how much benefit should be recognized. D. are recognized if they might be sustained solely on technical merits.
Metallic Metals, Inc, a U.S. firm, files a suit against a Venezuela government agency. The agency has committed a tort in the United States. Under the Foreign Sovereign Immunities Act
a. the Venezuelan government agency is not immune from the jurisdiction of the U.S. courts. b. the Venezuelan government agency is immune from the jurisdiction of the U.S. courts. c. Metallic Metals cannot bring a suit against the Venezuelan agency. d. Metallic Metals must file suit in Venezuela.
Rogue Recreation, Inc has normally distributed returns with an expected return of 15% and a
standard deviation of 5%, while Lake Tours, Inc has normally distributed returns with an expected return of 15% and a standard deviation of 15%. Which of the following is true? A) Rogue Rec is likely to experience returns larger than those of Lake Tours. B) Rational investors will prefer Lake Tours, Inc. over Rogue Recreation, Inc. C) Lake Tours is more likely to have negative returns than Rogue Rec. D) Lake Tours' investors are not being adequately compensated for relevant risk.
If we ignore bankruptcy and agency costs then the optimal capital structure for a firm under the
moderate view would be 100% debt. Indicate whether the statement is true or false