Which of the following is true about corporate boards?
A. Corporate boards average between 9 and 11 members.
B. About 13 percent of board members are Latino.
C. About half of the directors are "outside" directors.
D. Only one-third of all companies have at least one woman on their board.
Answer: A
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Vern Corp sold merchandise to a customer on credit. The invoice amount was $2,000; the invoice date was June 10; credit terms were 1/20, n/30 . Which one of the following statements is true?
a. The customer must pay a $20 penalty if payment is made after July 9. b. The customer should pay $2,000 if the invoice is paid on July 9. c. The customer must pay $2,020 if payment is made after June 20. d. The customer can take a $20 discount if the invoice is paid on June 30.
An advantage of the current ratio is that it considers the makeup of the current assets
Indicate whether the statement is true or false
A large public corporation normally uses registrars and transfer agents to maintain records of the stockholders
Indicate whether the statement is true or false
Which of the following is not one of the elements of ethics?
a. Doing the right thing b. Making the right choices c. Presenting the right ideas d. Raising the share price