) Assume personal tax rates are lower than corporate tax rates. From a tax-paying shareholder point of view, how should a firm spend its excess cash once it has funded all positive net present value projects?
A) Repurchase shares
B) Acquire another firm
C) Purchase financial assets
D) Increase cash dividends
E) Increase executive compensation
A) Repurchase shares
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The difference between the face value and the price of a bond when the current market interest rate is greater than the stated rate of that bond is called a(n) ____________________
Fill in the blank(s) with correct word
Which of the following statements is generally correct about the appropriateness of audit evidence?
A. Appropriateness of audit evidence refers only to audit evidence obtained from outside the entity. B. The more effective the internal control, the more assurance it provides about the reliability of the accounting data and financial statements. C. Appropriateness of audit evidence refers to the amount of corroborative evidence obtained. D. Information obtained indirectly from independent outside sources is more persuasive than the auditor's direct personal knowledge obtained through observation and inspection.
The final examination grades of random samples of students from three different classes are shown below. Class A Class B Class C 92 91 85 85 85 93 96 90 82 95 86 84 ? At ? = .01, is there any difference in the mean grades of the three classes?
What will be an ideal response?
The salesperson for Americhem Plastics Corp. believes in winning, keeping, and developing her customers. In other words, she engages in ________
A) proactive marketing B) reactive marketing C) transactional selling D) relationship selling E) team selling