Which of the following is true of a valid offer??
A) It is indefinite in nature
B) It is instituted by the offeree to the offeror.
C) It is seriously intended.
D) It can be accepted by anyone who hears about it.
C
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To be branded, physical products need not be differentiated
Indicate whether the statement is true or false
All of the following are unique characteristics of microfinance loans except
a. No collateral is needed b. Loans are usually repaid between 6 months and a year c. Only a maximum of 10% ownership equity is required in exchange for the loan d. When the loan has been repaid, the money is then “recycled” as loans to other entrepreneurs in the village
In 2019, US Sys Corporation received $250,000 in death benefits after its CEO (a key employee) died (it included this amount in book income). For book purposes, US Sys also expensed life insurance premiums for other key employees in the amount of $20,000. In addition, for book purposes, it expensed $10,000 of business meals expenditures. What is the total book-tax difference associated with these items? Is it favorable or unfavorable? What amount of the book-tax difference is temporary and what amount is permanent?
What will be an ideal response?
The sustainable growth rate is the rate at which the firm can grow without changing its leverage ratio.
Answer the following statement true (T) or false (F)