Which of the following measures may be useful to decision makers evaluating the financial condition of a college or university?
A. Composite financial index.
B. Faculty productivity.
C. Graduation rate.
D. Number of graduates.
Answer: A
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Which of the following is one of the main considerations for the fit of an extension to the parent brand category?
A) transferability of the associations B) the simplicity of the logo C) the extent to which people are aware of the brand D) the amount of money invested in brand building
What is meant by the term “functional currency”?
a. The functional currency is the currency of the parent corporation. b. The functional currency is the currency of the country in which the foreign subsidiary is located. c. The functional currency is the currency of the parent’s primary economic environment where cash is primarily received and spent. d. The functional currency is the currency of the subsidiary’s primary economic environment where cash is primarily received and spent.
Ponzi Corporation Ponzi Corporation reported the following information for the year ended December 31, 2012. Net income $100,000 Dividends 6,000 Retained earnings at December 31, 2012 $120,000 Refer to the information provided above for Ponzi Corporation. What was the balance of retained earnings at January 1, 2012?
A) $ 21,000 B) $ 26,000 C) $106,000 D) $214,000
Who should provide a notice of assignment to the obligor?
A) An assignee B) An assignor C) An obligee D) A facilitator