Modigliani and Miller suggest that the value of a firm is not affected by the firm's dividend policy, due to ________.
A) the relevance of dividends
B) the clientele effect
C) the informational content
D) the optimal capital structure
B) the clientele effect
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Below is financial data for Computech Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Computech Industries. Based on this information, what is Computech's
number of days' sales in inventory (assuming a 360 day year)? a. 132 days b. 216 days c. 1,091 days d. 120 days
When choosing a delivery style, you should take into account all of the following EXCEPT
a. how easy it will be. b. the nature of the speaking occasion. c. the purpose of the presentation. d. your strengths and abilities.
If an instrument is payable to multiple persons using the word "and," then the instrument ________
A) cannot be negotiated any further B) cannot be negotiated by either party individually C) can only be further negotiated jointly D) can only be further negotiated with the signature of the drawer
"How was your day?" Is an example of a (an)
a. rhetorical question. b. probing question. c. closed question. d. open question.