For a current liability to exist, the following two tests must be met. The liability must be due usually within a year and must be paid out of current assets
Indicate whether the statement is true or false
True
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Does the existence of conglomerates make financial performance evaluation easier or more difficult? Why?
Rebecca informed all her employees that their ethical decision making would be covered during performance appraisals. In other words, Rebecca let everyone know that being ethical was a part of the job and they would be appraised on it. It appears Rebecca is using her __________ to try to create an ethical workplace.
A. authority B. responsibility C. accountability D. doing the right thing
A low-cost source of credit may be your whole life insurance policy
Indicate whether the statement is true or false
A firm has experienced a constant annual rate of dividend growth of 9 percent on its common stock and expects the dividend per share in the coming year to be $2.70. The firm can earn 12 percent on similar risk involvements
The value of the firm's common stock is ________. A) $22.50/share B) $9/share C) $90/share D) $30/share