Compared to most other countries, to start a business in the U.S.:
a. is generally easier
b. is easier than in low-income countries, but harder than in high-income countries c. is easier than in high-income countries, but harder than in low-income countries d. is generally more difficult
e. is about the same as in other countries
a
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When a plant asset is disposed of, the business must ________.
A) immediately replace it B) ensure that the plant asset is obsolete or worn out C) comply with the conservatism principle and record losses but not gains D) bring the depreciation up to date
A good employee evaluation will help the employee understand all of the following except:
A. the degree to which work goals have been accomplished B. their position responsibilities C. the goals that are associated with the position D. the best possible career path
Eldercare Hospital has acquired twenty acres of land in south Dallas, the poor side of the city, to build a facility that will provide care primarily for the elderly residents of that part of the city. The land had been used for various industrial purposes, including an oil transfer station, but had been abandoned for over thirty years. Dallas is a city that is always on the margin of violating
the air quality standards that apply to it. Like other medical facilities, Eldercare will have to ship out some toxic waste materials. These materials must be disposed of properly under: a. TSCA. b. CERCLA. c. FIFRA. d. PRP. e. RCRA.
Refer to the income statement above. Luther's return on equity (ROE) for the year ending December 31, 2005 is closest to ________
Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 2005 Total sales 610.1 579.1 Cost of sales -500.2 -378.8 Gross profit 109.9 200.3 Selling, general, and administrative expenses -40.5 -39.6 Research and development -24.6 -20.9 Depreciation and amortization -3.6 -3.7 Operating income 41.2 136.1 Other income -- -- Earnings before interest and taxes (EBIT) 41.2 136.1 Interest income (expense) -25.1 -15.2 Pretax income 16.1 120.9 Taxes -5.5 -42.315 Net income 10.6 78.585 Price per share $16 $15 Sharing outstanding (millions) 10.2 8.0 Stock options outstanding (millions) 0.3 0.2 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1 386.7 A) 247.12% B) 98.85% C) 123.56% D) 148.27%