Which of the following statements is MOST correct concerning flotation costs?
A) Flotation costs are the same for common stock, preferred stock and bonds because they reflect
mainly printing costs and legal fees.
B) Flotation costs are higher for common stocks than for preferred stocks and bonds due to the
higher level of risk associated with owning common stock.
C) Flotation costs are generally higher for bonds rather than stocks because the dollar amounts
involved are much higher, allowing for economies of scale.
D) Flotation costs as a percentage of gross proceeds increase as the size of the security issue
increases.
B
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The OE/S process sends the ______________________________ notification to the billing/accounts receivable/cash receipts process to notify that process of a pending shipment.
Fill in the blank(s) with the appropriate word(s).
Driving-forces analysis helps managers identify whether
A. it will become more or less important to aim the company's strategy at being the industry's low-cost producer. B. competitive advantages are likely to grow or diminish in importance. C. the driving forces will have a bigger impact on company profitability than competitive forces. D. the collective impact of the driving forces will act to increase/decrease market demand, increase/decrease competition, and raise/lower industry profitability in the years ahead. E. the industry is likely to become more or less vertically integrated and why.
Answer the following statement(s) true (T) or false (F)
1. The U.S. Bureau of Labor Statistics estimates that there were over 2 million workplace accidents in 2011. 2. Stress is specific and people respond to the same set of circumstances in approximately the same way. 3. Job dissatisfaction is not linked to stress.
Gross pay is the total amount of salary, wages, commissions, and bonuses earned by an employee during a pay period, after taxes or any other deductions
Indicate whether the statement is true or false