If an instrument is drawn in favor of a named officer of a corporation, the instrument is payable only to that officer.

Indicate whether the statement is true or false


False

Business

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Investors have invested $30,000in common equity in a company. Given the risk inherent in the company, the investors expect to earn a 13percent return. In addition, the investors expect the company to return all income to investors in the form of dividends. The company earns $4,500 the first year. For this company determine the following:

a. The company's required earnings b. The company's residual earnings

Business

Which of the following statements about break-even analysis is most likely true?

A) It determines how customer-perceived value changes with value-added pricing. B) It is a tool used to calculate fixed costs. C) It is used to determine the maximum price that can be set on a product. D) It is a tool marketers use to examine the relationship between supply and demand. E) It fails to consider customer value and the relationship between price and demand.

Business

I had a really poor performance evaluation last week. It really made me think that I should give work more effort than I have been. This is an example of an authentic leadership factor that is a ______.

A. catalyst for change B. moral reasoning capacity C. resiliency capacity D. balanced processing

Business

Transfer pricing refers to when a company is taken advantage of by another company it does business with after it has made an investment in expensive specialized assets to better meet the needs of the other company.

Answer the following statement true (T) or false (F)

Business