Recent tax legislation reducing the individual tax on dividends has made C corporations more attractive than they were prior to the legislation.
Answer the following statement true (T) or false (F)
True
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Which of the following is an advantage of technology leadership?
A) There is little risk involved. B) The infrastructure cost is low. C) There is little or no competition. D) There is no need to develop complementary products. E) The market development cost is low.
Firms who pay attention to operating details are stronger than those who empower their customers for quality improvement.
Answer the following statement true (T) or false (F)
McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 5.75% coupon paid semiannually (2.875% each 6 months), and those bonds sell at their par value. McCurdy's Class P bonds have the same risk, maturity, and par value, but the P bonds pay a 5.75% annual coupon. Neither bond is callable. At what price should the annual payment bond sell?
A. $943.98 B. $968.18 C. $993.01 D. $1,017.83 E. $1,043.28
Why is water the least expensive mode of transportation?
What will be an ideal response?