According to research by Parker, boards dominated by their CEOs will be ___________.

a. Stronger
b. Weaker
c. More efficient
d. More innovative


b. Weaker

Business

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Stated value stock is no-par stock that has been assigned an amount similar to par value

Indicate whether the statement is true or false

Business

Based on the partial balance sheet of Marco Investments, Inc, compute the rate of return on total assets

Total Assets, December 31, 2017 $191,000 Total Assets, December 31, 2016 $149,000 For Year Ended December 31, 2017: Interest Expense $15,000 Net Income $18,000 A) 9.42% B) 19.41% C) 9.71% D) 1.76%

Business

Juxiplex, an electronics company, introduced a new range of smart phones. It bought the required raw materials from Gunplet Inc. without making payment at the time of purchase. Instead, Gunplet Inc. allowed Juxiplex to pay within fifteen days from the time of purchase. Which of the following short-term financing options was used by Juxiplex in the given scenario?

A. Factoring B. Trade credit C. Short-term bank loans D. Commercial paper

Business

When estimating the cost of equity by use of the CAPM, three potential problems are (1) whether to use long-term or short-term rates for rRF, (2) whether or not the historical beta is the beta that investors use when evaluating the stock, and (3) how to measure the market risk premium, RPM. These problems leave us unsure of the true value of rs.

Answer the following statement true (T) or false (F)

Business