Government would have the highest level of influence on both macroeconomics and microeconomics in which type of system?
A) mixed economies
B) socialism
C) free-market economies
D) communism
E) capitalism
Answer: D
Explanation: D) Under communism, the government has near total control over all aspects of the economy through central planning.
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Basil Corporation issues for cash $1,000,000 of 8%, 10-year bonds, interest payable annually, at a time when themarket rate of interest is 7%. The straight-line method is adopted for the amortization of bond discount orpremium. Which of the following statements is true?
a. The carrying amount increases from its amount at issuance date to $1,000,000 at maturity. b. The carrying amount decreases from its amount at issuance date to $1,000,000 at maturity. c. The amount of annual interest paid to bondholders increases over the 10-year life of the bonds. d. The amount of annual interest expense decreases as the bonds approach maturity.
As a marketing practice, monitoring involves ________
A) designing the organization and setting up processes to respond quickly to changes in the environment B) becoming more accountable by measuring, analyzing, and documenting the effects of marketing actions C) tracking what is said online and elsewhere and studying customers, competitors, and others to improve business practices D) determining the most profitable businesses and customers and expending greater organizational resources to capitalize on them E) factoring the interests of customers, employees, shareholders, and other stakeholders into the activities of the enterprise
Brenda is an attorney whose clients include Capital Finance Company. If Brenda is negligent in her work for Capital, under the Restatement (Third) of Torts, Brenda may be liable to Capital and A) any third party
B) no third party. C) third parties who are foreseen users of the work. D) third parties who are reasonably foreseeable users of the work.
Lenders require pro forma statements because they want to make sure the business will generate
enough profit for the owner to get a large salary. Indicate whether the statement is true or false