Miranti Nex, an automobile company, plans to invest in developing a hybrid car. It refrains from using loans from other firms and instead uses its own monetary resources to fund the project. Which of the following sources of long-term funds is being used by Miranti Nex in the given scenario?

A. Corporate bonds
B. Term loans
C. Long-term debt
D. Direct investments from owners


Answer: D

Business

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The federal and state unemployment tax rates are identical

Indicate whether the statement is true or false

Business

Indicate whether each of the following statements is true or false._____ a) An appropriation of retained earnings limits the amount available for dividends._____ b) Appropriating retained earnings is considered an asset exchange transaction._____ c) An appropriation is recorded as a decrease to the appropriated retained earnings account and an increase to retained earnings._____ d) One reason for an appropriation of retained earnings is that there may be restrictive covenants in credit agreements._____ e) An appropriation has no effect on the accounting equation.

What will be an ideal response?

Business

Business ethics is the application of ethical standards to commercial enterprise.

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

Business

Cases that the court does not feel have precedential effect and are limited to a specific set of facts are:

A) secondary pocketparts. B) unpublished opinions. C) shepardized cases. D) none of the above.

Business