Current position analysis indicates a company's ability to liquidate current liabilities
Indicate whether the statement is true or false
True
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The limited availability of resources can be referred to as ______.
A. constraints B. variables C. consequences D. state of nature
Which of the following describes the Planning function within the management cycle?
A. Taking actions to implement the plan B. Setting short and long-term objectives C. Arranging the necessary resources to carry out the plan D. Comparing actual to budgeted results and taking corrective action
Ryan Company purchased 80% of Chase Company for $270,000 when Chase's book value was $300,000. Ryan paid no premium. Chase has 50,000 shares outstanding and currently has a book value of $400,000.Assume Chase issues 30,000 additional shares common stock solely to Ryan for $12 per share.After acquiring the additional shares, what adjustment is needed for Ryan's investment in Chase account?
A. $12,188 increase. B. $70,000 decrease. C. No adjustment is necessary. D. $70,000 increase. E. $12,188 decrease.
Suppose you purchase a call and write a put on the same stock with the same exercise price and expiration. If prices are at equilibrium, the value of this portfolio is ________.
A.
B. S0 - X
C.
D. S0 + X