An investor puts up $5,000 but borrows an equal amount of money from his broker to double the amount invested to $10,000. The broker charges 7% on the loan. The stock was originally purchased at $25 per share, and in 1 year the investor sells the stock for $28. The investor's rate of return was ____.
A. 17%
B. 12%
C. 14%
D. 19%
A. 17%
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The ____________________ is a technique that attempts to recognize bad debt expense in the same period that the related credit sales are made
Fill in the blank(s) with correct word
When discussing life stories, the researchers in the authentic leadership chapter argued that
a. it is objective events, not our interpretation of them, that matters b. objective events, plus our interpretation of them, form our life stories c. only our interpretation of events matter d. our inherited personality traits determine our leadership styles
Specific issues related to cultural differences can arise in the management of a multinational enterprise. All of the following are related to cultural differences EXCEPT:
A) a requirement to have local management. B) issues with promotion of women into management positions. C) issues with observation of religious holidays. D) nationalization of the assets of a company by the foreign government.
The agenda for a meeting of the shareholders of a corporation would not usually include
A. ratification of the acts of the board of directors for the previous year. B. election of the corporation’s officers. C. election of the corporation’s directors for the upcoming year. D. amendments to the articles of incorporation.