Discuss the main differences between arbitration and mediation
Arbitration can be binding or non-binding, has a hearing where evidence is presented, and a decision is made by the arbitrator or arbitration panel. Mediation is a series of discussions where the mediator can make recommendations, but no decision is made for the parties.
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Assume the gross amount of an invoice is $1,000 and a trade discount of 25% is allowed. The dollar amount of the trade discount is
a. $1,000; b. $750; c. $250; d. $25; e. none of these
What does the term “ethics” mean and what factors commonly contribute to unethical behavior?
What will be an ideal response?
A jury that cannot come to a unanimous decision about the defendant's guilt is called a(n) ________
A) open jury B) grand jury C) hung jury D) struck jury
Which of the following statements is CORRECT?
A. We should use historical measures of the component costs from prior financings that are still outstanding when estimating a company's WACC for capital budgeting purposes. B. The cost of new equity (re) could possibly be lower than the cost of reinvested earnings (rs) if the market risk premium, risk-free rate, and the company's beta all decline by a sufficiently large amount. C. A company must try to adjust its current actual market value weights toward its target weights. D. The component cost of preferred stock is expressed as rp(1 ? T), because preferred stock dividends are treated as fixed charges, similar to the treatment of interest on debt. E. In the WACC calculation, we must adjust the cost of preferred stock (the market yield) to reflect the fact that 50% of the dividends received by corporate investors are excluded from their taxable income.