Under the Investment Company Act, investment companies must:
a. pay dividends to investors equal to at least 20 percent of their taxable ordinary income b. certify their employees with the SEC
c. hold their capital and debts in ways approved by the SEC
d. pay dividends to investors equal to at least 20 percent of their taxable ordinary income and hold their capital and debts in ways approved by the SEC
e. pay dividends to investors equal to at least 20 percent of their taxable ordinary income and certify their employees with the SEC and hold their capital and debts in ways approved by the SEC
c
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Which of the following is an example of having indirect involvement when entering a competitive market?
A) using retail stores B) using distributors C) using manufacturer's own sales force D) selling through company website
When Alice buys organic produce for her household using a channel with just one intermediary, that intermediary is classified as a
A. retailer. B. wholesaler. C. broker. D. functional middleman. E. producer.
Which of the following companies would probably be most interested in tracking discretionary income levels?
A. Safeway food stores B. BMW automobiles C. Gulf States Utilities D. General Mills E. Florida Orange Growers
David is trying to decide whether to add capital through investing more of his own money or through borrowing money from the bank. To help him decide, you remind him that ss long as his firm's rate of return on its assets is greater than the cost of the debt, his rate of return on equity will _____ as the firm uses more debt.
A. decrease B. increase C. remain the same D. fluctuate