You have just started a new job, working in public relations with a start-up company that just held its IPO. Your boss has asked for ideas on the best ways to highlight the financial success of the company during past year to stockholders. Which public relations tool best accomplishes this goal?
A. blog
B. annual report
C. speech
D. media kit
E. annual brochure
Answer: B
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The risk that market interest rates may change, affecting the value of a bank's assets and liabilities, is known as
A. withdrawal risk. B. default risk. C. interest-rate risk. D. foreign-exchange risk.
What are project objectives?
A. Quantifiable criteria that must be met for the project to be considered a success. B. Defines the work that must be completed to deliver a product with the specified features and functions. C. Products, services, or processes that are not specifically a part of the project. D. Any measurable, tangible, verifiable outcome, result or item that is produced to complete a project or part of a project.
The most recent balance sheet and income statement of Oldaker Corporation appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$31 $29 Accounts receivable 73 79 Inventory 44 45 Property, plant and equipment 728 590 Less accumulated depreciation 253 242 Total assets$623 $501 Liabilities and stockholders' equity: Accounts payable$56 $63 Accrued liabilities 21 22 Income taxes payable 26 28 Bonds payable 121 110 Common stock 33 30 Retained earnings 366 248 Total liabilities and stockholders' equity$623 $501 Income Statement?Sales$921Cost of goods sold 575Gross margin 346Selling and administrative expense 117Net operating income229Income taxes
69Net income $160The company paid a cash dividend of $42 and it did not dispose of any property, plant, and equipment. The company did not retire any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.The net cash provided by (used in) operating activities for the year was: A. $168 B. $8 C. $229 D. $152
Which of the following is an exception to the suretyship provision requirement under the statute of frauds?
a. A collateral promise made to the creditor. b. A promise, the leading object of which is to obtain an economic benefit for oneself. c. A collateral promise where there are three parties and two contracts involved. d. A promise by an executor to pay the debts of the decedent from the executor's own funds.