Calculate the customer loyalty index if the customer history is 12, the purchase amount is 38, the desire to repurchase is 50, the product preference is 20, and there is no customer recommendation
A) 30
B) 24
C) 50
D) 65
E) 92
B
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An anomaly is
A. a stock that has greater than average risk. B. a mutual fund that only invests in government securities. C. an odd lot of stock. D. an incident of predictable patterns to stock prices, that investors could exploit.
Which of the following is an example of a temporary difference that could result in a deferred tax asset?
a. Gain on disposal of an asset when included in taxable income before it is included in pretax accounting income b. Use of straight-line depreciation for accounting purposes and an accelerated rate for income tax purposes c. Gross margin on installment sales is recognized for accounting purposes before it is included in taxable income in the income tax return d. Prepayments of expenses in year of payment; recognition of expense for accounting purposes occurs in a later year
A later will revokes a prior will only if that revocation is clearly stated
a. True b. False Indicate whether the statement is true or false
The purpose of the debt covenant that requires maintaining a minimum level of net working capital is to ________
A) protect the lender by controlling the risk and marketability of the borrower's security investment alternatives B) limit the amount of fixed-payment obligations C) ensure a cash shortage does not cause an inability to meet current obligations D) limit the annual cash dividends paid by the firm