Notren, Inc, a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to Notren. One of the terms of the contract states, "Any disputes that arise under this contract will be resolved in the courts of Singapore." This contract term is a:
a. letter of credit.
b. choice of language clause.
c. choice of forum clause.
d. draft clause.
c
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Which of the following outcomes is a likely benefit of information technology used for internal control?
A. Enhanced timeliness of information. B. Recording of unauthorized transactions. C. Potential loss of data. D. Processing of unusual or nonrecurring transactions.
Jayne Luke started a computer business in her basement less than a year ago. Her personal attention to clients and persistence in obtaining new customers has caused the business to grow at a tremendous pace. Jayne has become so busy she has neglected to
keep after clients who have failed to pay her. As a result, Jayne has a large amount of accounts receivable and notes receivable on her balance sheet but not much cash. She continues to service clients, but she now realizes that her cash will soon be exhausted. Suggest some options Jayne has to achieve a strong cash balance.
What are the components of ethical behavior?
What will be an ideal response?
A firm has a beta of 1.2. The market return equals 14 percent and the risk-free rate of return equals 6 percent. The estimated cost of common stock equity is ________
A) 6 percent B) 7.2 percent C) 14 percent D) 15.6 percent