If your employer offers a retirement plan, that should be the first plan that you consider because your employer will likely contribute to it

Indicate whether the statement is true or false.


Answer: TRUE

Business

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When a publicly traded company issues both common stock and preferred stock, the SEC requires that:

A. mandatorily redeemable preferred stock be shown as a liability. B. preferred and common stock be combined in the equity section. C. preferred and common stock be clearly differentiated on the balance sheet. D. all preferred stock be shown as a liability.

Business

If net income is $150,000 and interest expense is $20,000 for Year 2, what is the rate earned on total assets for the year?

a. 10.4% b. 11.9% c. 10.5% d. 8.4%

Business

Sharing core competencies is one of the primary potential advantages of diversification. In order for diversification to be most successful, it is important that

A. the similarity required for sharing core competencies must be in the value chain, not in the product. B. the methods of production are the same. C. the target market is the same, even if the products are very different. D. the products use similar distribution channels.

Business

The only time many people entertain is during November and December when their homes are decorated for the season's holidays

The increase in advertisements for prepared trays of food to be served at these functions is most directly related to ________ segmentation. A) psychographic B) values C) geographic D) demographic E) behavioral

Business