If a property tax rate is 15 cents on $1, what is that rate in mills?
150 mills
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When using the indirect method, how is the issuing of stock for cash shown on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Non cash investing and financing activity
What are some of the ways in which public sector unionization differs from private sector unionization?
What will be an ideal response?
Sheehan Inc. is deciding whether to invest in a project today or to postpone the decision until next year. The project has a positive expected NPV, but its cash flows might turn out to be lower than expected, in which case the NPV could be negative. No competitors are likely to invest in a similar project if the firm decides to wait. Which of the following statements best describes the issues that the firm faces when considering this investment timing option?
A. The investment timing option would not affect the cash flows and therefore would have no impact on the project's risk. B. The more uncertainty about the future cash flows, the more logical it is to go ahead with this project today. C. Since the project has a positive expected NPV today, this means that its expected NPV will be even higher if the firm chooses to wait a year. D. Since the project has a positive expected NPV today, this means that it should be accepted in order to lock in that NPV. E. Waiting would probably reduce the project's risk.
Which of the following is not part of the Foreign Corrupt Practices Act?
A) Financial statement disclosure requirements B) Requirement of internal monitoring in companies to prevent violations C) Requirement of public disclosure of all bids in foreign countries D) Requirement of monitoring contracts with foreign agents E)Both a and d are not part of the Foreign Corrupt Practices Act