In most states a limited partnership does not have to file what information with the appropriate state official?
a. name of the business
b. names and addresses of all partners c. contributions each partner has made
d. the share of profits to be paid to each partner e. all of the other choices must be filed
e
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J. Ross and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. Ross' common stock currently sells for $40 per share. The firm recently paid a dividend equal to $2 per share on its common stock, and investors expect the dividend to grow indefinitely at a constant rate of 10 percent per year. If it issues new common stock, the firm will incur flotation costs equal to 7 percent. What is the firm's cost of retained earnings?
A. 15.00% B. 15.91% C. 15.50% D. 14.54% E. 16.50%
Example(s) of implied warranty is (are)
a. warranty of title. b. warranty of merchantability. c. both of the above d. none of the above
Lewin’s (1947) research on changing eating habits suggested that change requires three steps, which are ______.
A. freezing, unfreezing, and changing B. unfreezing, changing, and unfreezing C. unfreezing, refreezing, and moving D. unfreezing, moving, and refreezing
Tim receives a $25,000 gift from his parents for a down payment on a house. They know he can not buy a house without their help. They write "gift" in the memo line of the check. How much of the gift is taxable to Tim?