Property taxes on a factory building would normally be classified as a variable cost
Indicate whether the statement is true or false
False
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Marketing guru Philip Kotler advocated for expanding the traditional "four Ps" of marketing, designating public relations the fifth "P."
Indicate whether the statement is true or false
According to ethical relativism, ________
A) ethics rely on duties based on universal rules one is morally bound to follow B) each person is presumed to have entered into a social contract with all others in society to obey ethical rules C) there are no universal ethical rules to guide a person's conduct D) people must choose an action or follow a rule that provides the greatest good to society
Showplace insures its $160,000 building with two insurers: with Hometown Insurance for $60,000 and with National Insurance for $120,000 . The building suffers a fire loss of $75,000 . From whom and for how much can Showplace collect?
Which of the following statements is TRUE?
A) Preferred stock usually has a stated or par value and, like bonds, this par value is not repaid at maturity because preferred stocks do not have a maturity date. B) The par value for preferred stock, unlike bonds, is never paid back. C) A preferred stock's cash dividend due each year is based on the stated dividend rate times the market value of the stock. D) Some preferred stocks are cumulative with respect to dividends, meaning that if a company skips a cash dividend, it must pay it at some point in the future.