?As a bond's rating serves as an indicator of its default risk, the rating has a direct, measurable influence on the firm's:
A. ?earnings per share and dividend payments.
B. cost of using such debt and the bond's interest rate.?
C. ability to procure raw material for production.?
D. tax liability to the federal government.?
E. ?current assets and the bond's maturity value.
Answer: B
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Morgan, a consultant, was assigned to an overseas project in China for a period of two years. After only seven months, Morgan's manager decides to bring Morgan back to the home country and replace him with someone else in China. Which statement, if true, is most likely to have caused this decision?
A. Morgan exhibited a sense of intolerance toward collectivist ideals. B. Morgan exhibited high levels of cohesiveness. C. Morgan exhibited high levels of extroversion that were required for the job. D. Morgan exhibited lower levels of disillusionment than other employees. E. Morgan exhibited the ability to effectively communicate in Mandarin.
Porter's four generic strategies for achieving competitive advantage are:
A) price determination, cost leadership, product differentiation, distribution savings. B) cost leadership, product differentiation, cost challenger, product challenger. C) price leadership, product differentiation, price challenger, cost differentiation. D) cost leadership, product differentiation, cost focus, focused differentiation. E) cost leadership, product differentiation, consumer differentiation, focused differentiation.
The carrying amount of the bonds is defined as the face value of the bonds plus any unamortized discount or less any unamortized premium
Indicate whether the statement is true or false
When can a securities fraud claim be used as a predicate act in a civil case under the Racketeer Influenced and Corrupt Organizations Act (RICO)?
a. When the defendant has been arrested in connection with the fraud. b. When a conspiracy can be proven. c. When the defendant has been criminally convicted in connection with the fraud. d. When the defendant has been held liable for other civil damages in connection with the fraud.