Jaylah has a 5-year bank loan with her business. The principal that is scheduled to be paid in the last 4 years is considered ______.
a. a loss
b. a long-term debt
c. a short-term portion of long-term debt
d. operational cash flows
b. a long-term debt
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The current trend in the industry is to ____.
A. increase the number of support levels as incidents are becoming more complex B. decrease the number of support levels to resolve incidents quickly and lessen customers' hold time C. have major incidents handled by third level support analysts dedicated to providing service desk support D. escalate more incidents to external vendors who have more knowledge and can resolve them faster
When can an ordinary word such as "window" be granted trademark protection?
A) If the word has acquired a secondary meaning B) If the word has become a generic term C) In any situation if the applicant is the first to apply for trademark protection of that word D) If the applicant has used the word in the name of its product for at least 10 years E) If the applicant can prove that the use of the word is novel
If bonds are issued at a premium, the bond issuer will pay the bondholders an amount lower than the issue price at maturity.
Answer the following statement true (T) or false (F)
Which of the following is NOT a stated reason why an internal capital market, managed by a firm's headquarters, may be superior to external financing?
a. External equity financing is problematic because of the information asymmetry problem. b. Even if internal and external providers of capital have the same ability to monitor, internal providers will choose to monitor more intensely because they have residual control over the assets, and therefore get more of the gains from monitoring. c. If one unit performs poorly, its assets can be redeployed efficiently. d. Management is generally better at managing internal (vs. external) equity.