All of the following are considered noneconomic factors in location decisions EXCEPT:
a. the availability of labor.
b. operating costs
c. transportation services.
d. the quality of life.
B
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Outstanding common stock refers to the total number of shares:
A. Authorized. B. Issued. C. Issued plus treasury stock. D. Issued less treasury stock.
Which of the following is an advantage of sole proprietorship?
A) The owner's personal liability for all assets is the least. B) The proprietor does not have to worry about day-to-day management decisions. C) The proprietorship is subject to less government regulation at all levels. D) The lifetime of such an organization is unlimited.
The Heinrich v. Titus-Will Sales, Inc case stands for the principle that:
a. the UCC requires proper state licensing for a company claiming to be a merchant to actually have merchant status. b. a buyer in the ordinary course of business acquires good title when buying from a merchant seller who was entrusted with possession of the goods. c. risk of loss depends on who has title to the goods at the time the goods are damaged or destroyed. d. a void title is no title.
Because the cash flows from an international project may be denominated in different currencies from the headquarters, one of the very first decisions is to
A) do the valuation using forecasts of the foreign or home currency. B) determine the salvage value at the terminal stage of the project. C) calculate the stream of free cash flows. D) arrange the financing in the foreign or domestic currency.