The Truth-in-Lending Act:
a. is intended to help married women establish credit history
b. is intended to eliminate credit discrimination on the basis of sex, race, color, religion, and other characteristics set forth in the Act
c. encourages competition in financing consumer credit
d. restricts interest rates creditors may charge consumers e. all of the other choices
c
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During 2016, Oddie Corp had net income of $300,000. Included in net income was after-tax interest expense of $20,000 on convertible bonds. The $200,000 face value of convertible bonds can be converted into common stock at the rate of 200 shares per $1,000 bond. Prior to the conversion, there were 400,000 shares of common stock outstanding. What is the amount of fully diluted earnings per share?
A) $0.636 B) $0.727 C) $0.750 D) not determinable because the bonds are not dilutive
When the Modern Museum of Art separated its consumers by whether they were culture-oriented or outdoor-oriented for its new exhibit on art that used natural materials, they were using ________ segmentation
A) psychographic lifestyle B) personality C) behavioral occasions D) social class E) demographic
The company has no preferred stock outstanding. Calculate the earnings per share for 2019. (Round your answer to two decimal places.)
Amber, Inc. provides the following information for 2019:
A) $0.39 per share
B) $1.56 per share
C) $1.39 per share
D) $1.25 per share
This is a manufacturing method in which basic parts and components of a product are kept in stock and assembled to the customer’s requirements.
A. make-to-order B. engineer-to-order C. assemble-to-order D. make-to-stock