Security mechanisms typically do not involve more than one particular algorithm or protocol
Indicate whether the statement is true or false.
F
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Purchasing from factories that pay workers a living wage (more than the minimum wage) and offer other benefits to the employees is called
A. cash wrap. B. power perimeter. C. a closeout. D. flash sale. E. fair trade.
Tobia Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$201,000 $110,000 Accounts receivable, net 236,000 200,000 Inventory 158,000 190,000 Prepaid expenses 96,000 90,000 Total current assets 691,000 590,000 Plant and equipment, net 842,000 920,000 Total assets$ 1,533,000 $ 1,510,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$173,000 $150,000 Accrued liabilities 36,000 40,000 Notes payable, short term 88,000 90,000 Total current liabilities 297,000 280,000 Bonds payable 170,000 170,000 Total liabilities 467,000 450,000 Stockholders' equity:
Common stock, $3 par value 210,000 210,000 Additional paid-in capital 60,000 60,000 Retained earnings 796,000 790,000 Total stockholders' equity 1,066,000 1,060,000 Total liabilities & stockholders' equity$ 1,533,000 $ 1,510,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,410,000 Cost of goods sold 850,000 Gross margin 560,000 Operating expenses 525,077 Net operating income 34,923 Interest expense 16,000 Net income before taxes 18,923 Income taxes (35%) 6,623 Net income$ 12,300 Dividends on common stock during Year 2 totaled $6,300. The market price of common stock at the end of Year 2 was $1.78 per share.Required:a. What is the company's times interest earned ratio for Year 2?b. What is the company's debt-to-equity ratio at the end of Year 2?c. What is the company's equity multiplier at the end of Year 2?d. What is the company's earnings per share for Year 2?e. What is the company's price-earnings ratio for Year 2?f. What is the company's dividend payout ratio for Year 2?g. What is the company's dividend yield ratio for Year 2?h. What is the company's book value per share at the end of Year 2? What will be an ideal response?
One of the two purposes of laws governing businesses in the United States is to make sure that businesses compete fairly with each other
Indicate whether the statement is true or false
A firm acquires a car for company business. The car costs $12,000, has a useful life of 5 years, and a salvage value of $2,000 . The straight-line method of depreciation is used. What is the gain or loss on retirement if the car is sold for $5,000 after three years of use?
a. a gain of $200 b. a loss of $1,000 c. a gain of $1,000 d. a loss of $200 e. a loss of $800