By selling short a futures contract of $100,000 at a price of 96, you are agreeing to deliver ________ face value securities for ________
A) $100,000; $104,167
B) $96,000; $100,000
C) $100,000; $96,000
D) $100,000; $100,000
C
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Under the Internal Revenue Code, corporations are required to pay federal income taxes
a. True b. False Indicate whether the statement is true or false
The Soap Manufacturing Company has three employees who work in the warehouse. All of the warehouse workers are authorized to order inventory when it falls below the reorder level. The workers complete a purchase order and mail it to the supplier of
their choice. The inventory is delivered directly to the warehouse. The workers send a memo to accounts payable reporting the receipt of inventory. Accounts payable compares the warehouse memo to the supplier's invoice. Accounts payable prepares a check which the treasurer signs. Discuss potential internal control risks inherent in this system.
Which of the following observations is true with reference to criminal law?
a. Perpetrators who are convicted criminally serve jail sentences and pay fines. b. Criminal cases are often heard by judges instead of juries. c. Criminal law deals with rights and duties between individuals or organizations. d. When a defrauded company pursues criminal remedies in court, the case is most often settled before it goes to trial.
Mabry has a perceived inequity with Tabatha. Mabry thinks that the only way to fix this inequity is to move to another company. Of the six behaviors stated in the textbook that change perceived inequity, Mabry has decided to ______.
A. leave the field B. change inputs C. pick another “other” D. attempt to change outcomes