The times-interest-earned ratio is calculated as ________
A) earnings before interest and tax divided by interest expense
B) profit before tax divided by interest expense
C) net income divided by interest expense
D) income tax expense plus interest expense divided by interest expense
A
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The segment of the business market that seeks to achieve goals other than the standard business goals of profit, market share, and return on investmentconsists of _____
a. institutions b. resellers c. producers d. manufacturers
The phase-gated process includes how many go/kill decision points or gates?
A. Three B. Six C. Four D. Five E. Seven
The Charbonneau Company of Restigouche, New Brunswick – created and fun by Luc Charbonneau – manufactures a fine hockey stick called "The Charbonneau"
Although it is known to hockey aficionados across North America and even in Europe, at the present time Luc sells it only in New Brunswick and Quebec. Luc's cousin, Emile Charbonneau, opens a plant in Winnipeg and begins marking a virtually identical hockey stick which he plans to sell only in Western Canada. He calls it "The Charbonneau". Luc has never registered his name as a trade mark. Can he now prevent Emile from using the name Charbonneau for his hockey sticks? A) No. This may be passing off, but Emile is selling his goods in a different market than Luc. B) Yes. Even though Luc has not registered his trade mark, it is known in Canada and cannot be infringed anywhere else in the country. C) No. Luc has no proprietary right in his name. D) No. The public in Western Canada would not be confused. E) Yes. This is a violation of the federal Trade-marks Act.
Simon Company has two foreign subsidiaries. One is located in France, the other in England. Simon has determined the U.S. dollar is the functional currency for the French subsidiary, while the British pound is the functional currency for the English subsidiary. Both subsidiaries maintain their books and records in their respective local currencies. What methods will Simon use to convert each of the subsidiary's financial statements into U.S. dollars? English Subsidiary'sFinancial StatementsFrench Subsidiary'sFinancial StatementsA)TranslationTranslationB)RemeasurementRemeasurementC)RemeasurementTranslationD)TranslationRemeasurement
A. Option A B. Option B C. Option C D. Option D