To assemble and sell stoves and fireplaces, Hearth & Home, Inc, buys igniters, tubing, and other parts from Inflame Stove & Fireplace Parts and installs them without changing them. If the parts are defective, strictly liable for any damage caused by the defects
A) are neither Hearth & Home nor Inflame
B) are Hearth & Home and Inflame.
C) is Inflame only.
D) ?is Hearth & Home only.
B
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Annual net cash flows are defined as
A) annual cash inflows minus annual cash outflows. B) annual cash inflows minus annual cash outflows minus depreciation expense. C) annual revenues plus cash expenses. D) annual cash inflows minus depreciation expense.
Niche segmentation of customers involves segmenting customers based on all of the following except?
a. Customers with similar social media presence b. Customers with similar needs c. Customers with similar buying attitudes d. Customers with similar buying habits
Globalization involves increasing relations among:
a. People b. Objects c. Places d. All of the above
Warren Corporation's stock sells for $38.00 per share. The company wants to sell some 20-year, annual interest, $1,000 par value bonds. Each bond would have 85 warrants attached to it, each exercisable into one share of stock at an exercise price of $50.00. The firm's straight bonds yield 11.6%. Each warrant is expected to have a market value of $1.80 given that the stock sells for $38.00. What coupon interest rate must the company set on the bonds in order to sell the bonds-with-warrants at par? Do not round your intermediate calculations.
A. 8.64% B. 9.60% C. 11.04% D. 10.08% E. 11.52%