A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be
a. 150,000 shares
b. 50,000 shares
c. 100,000 shares
d. 16,666 shares
a
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A policy for term life insurance is also called ordinary or straight life insurance.
Answer the following statement true (T) or false (F)
If two English multinational companies had a dispute arising in New York City, and there were no choice of law or choice of forum clauses in their contract, it is likely that
A. they would reach an agreement informally and develop an off-the-books settlement. B. a New York court would hear their complaint. C. the dispute would not get heard in court, but rather, in the boardrooms. D. they would bring their dispute to an English court.
Key performance indicators to monitor how well a firm’s supply chain is working include ______.
a. inventory turns b. return on investment c. return on assets d. earnings before interest, taxes, and depreciation
What is the main reason customers are attracted to direct cross-subsidies?
a. they get two products for the price of one b. it eliminates the upfront cost of a product or service c. it is the most cost-effective model d. they rarely calculate the true costs