When purchasing a stock, which arrangement allows for payment of the stock today and receipt of the stock at an agreed-upon future date?

A)

Forward contract

B)

Fully leveraged purchase

C)

Outright purchase

D)

Prepaid forward contract


Answer:

D

Business

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A. free of charge to any other state B. freely to any other state C. freely to any other nation D. freely to any state contiguous with the citizen's home state

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A company had net sales of $230,000 for Year 1 and $288,000 for Year 2. The company's average total assets for Year 1 were $150,000 and $180,000 for Year 2. Calculate the total asset turnover for each year and comment on the company's efficiency in the use of its assets.

What will be an ideal response?

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As an employee or potential employee, you should think twice before posting anything online

Indicate whether the statement is true or false

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Howard Heyman is the successful and well-respected manager of the Vancouver Ballet Company. After seven years' service, he is dismissed because the Board of Directors can no longer stand his prickly, arrogant personality and behaviour

The Board issues a press release saying that Howard was fired because of complaints of sexual harassment by young male members of the company. Howard is stung by these accusations, and goes into a serious depression which lasts nearly a year. Howard brings an action for wrongful dismissal, which VBC vigorously defends. It is not until the third day of trial that the defendants admit that the dismissal was without cause. What damages would Howard likely be awarded? A) common law notice B) damages for mental suffering C) punitive damages D) Both A and B E) All of the above

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