Which of the following statements is true about blue-sky laws?
A. They give the bidder and the target company equal opportunities to present their cases to the shareholders.
B. They are state laws that give investors the information they need to make intelligent decisions about whether to purchase securities.
C. They provide civil penalties for selling fraudulent securities and conducting fraudulent transactions.
D. They are state laws that provide penalties for fraudulent sales and permit the issuance of injunctions to protect investors from anticipated fraudulent acts.
Answer: D
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What is the economic order quantity if the annual demand is 10,000 units, set up cost of placing each order is $3 and the holding cost per unit per year is $2?
a. 174 b. 123 c. 245 d. 116
Lagos Corp recorded sales of $345,000 in 2010, in addition its accounts receivable and accounts payable balances at the beginning and end of 2010 were as follows: Jan. 1, 2010 Dec. 31, 2010 Accounts Receivable $65,000 $90,000 Accounts Payable $32,000 $28,000 How much cash did Lagos collect from customers in 2010?
a. $345,000 b. $320,000 c. $324,000 d. $316,000
Which of the following would be deducted from the balance per books on a bank reconciliation?
a. Notes collected by the bank b. Deposits in transit c. Service charges d. Outstanding checks
Conveniently located vending machines around your college or university campus make it easy for you to buy a soda and a snack between classes. This is an example of the ________ element of the marketing mix
A) production B) place C) price D) profit E) promotion