The primary goal of a publicly-owned firm interested in serving its stockholders should be to _____.
A. minimize the debt used by a firm
B. maximize expected earnings per share (EPS)
C. minimize the chances of losses
D. maximize the stock price per share
E. maximize expected net income
Answer: D
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Under U.S. GAAP, the statement of cash flows classifies cash expenditures for interest expense as a(n) _____ activity and classifies cash expenditures to redeem debt as a(n) _____ activity
a. financing; financing b. financing: operating c. operating; investing d. operating; operating e. operating; financing
Sometimes the way we interpret situations clashes with the interpretations of others, leading to confusion and misconception. Which barrier of communication does this describe?
a. Emotions b. Information overload c. Differing perceptions d. Filtering
Theresa has a contract to teach eighth grade at Washington Middle School. She decided she could make more money writing a book, so she wants to assign her teaching contract to her friend, Stephanie, who is also a licensed teacher
a. If effective, this would be both an assignment and a delegation. b. The duties which Theresa wants to delegate are personal in nature. c. If the school district agrees to accept Stephanie's services, a novation would occur, which would relieve Theresa of her obligation to the school district. d. All of these are correct.
The major text portion of a print advertisement that should arouse a desire for the product and move the consumer to action is contained in the
A. body copy. B. headline. C. brand elements. D. subheads. E. photo credits.