Stocks that carry certain specified preferences, or first claims, are called treasury stock
Indicate whether the statement is true or false
F
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Oceanic Corp. relies heavily on employees’ self-guidance based on advanced professional training, and also rely on professional societies and the judgment of groups made up of fellow professionals to control these employees. In other words, Oceanic depends on the standardization of ______
A. skills B. work processes C. judgement D. outputs
The first step in reducing setup times is the separation of setup into preparation activities and actual setup, so that as much work as possible can be done while the machine or process is operating
Indicate whether the statement is true or false
Trueware Corporation is a start-up firm that has a capital structure that calls for a debt/assets ratio of 0.25. The firm has two possible scenarios for its operations: Ruby or Emerald. The Ruby scenario has a 70 percent probability of occurring and forecast earnings before interest and taxes (EBIT) in this state is $80,000. The Emerald state has a 30 percent chance of occurring and the EBIT is expected to be $32,000. Further, the cost of debt for this capital structure will be 10 percent. The firm will have $500,000 in total assets and it will face a marginal tax rate of 30 percent. The company has 22,000 outstanding shares. Calculate the difference in EPS for the capital structure.
A. $1.00 B. $1.20 C. $1.48 D. $2.24 E. $3.15
A seller's right to cure an improper tender of goods protects sellers from:
a. buyers rejecting shipments based on minor problems when the price of the good is falling b. buyers demanding larger shipments c. buyers failing to pay in a timely manner d. buyers suing for breach of contract e. buyers defaulting on loans