Which one of these best fits the description of an agency cost?
A) The costs of increasing the dividend payment per share
B) The benefits received from reducing production costs per unit
C) The payment of corporate income taxes
D) The payment required for an outside audit of the firm
E) The payment of interest on a firm's debts
D) The payment required for an outside audit of the firm
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Which of the following is a limit of consumer segmentation methods?
A. Psychographics do not effectively employ Connectors, Mavens, and Salesmen in reaching consumers. B. Psychographics rely too heavily on reciprocal activation, making them unlikely to create secondary sales. C. For some products psychographics may offer little real value, as it oversimplifies consumer personalities and purchasing behavior. D. Psychographics help address the emotional factors that motivate consumers, thereby fulfilling their needs and decreasing the likelihood of successive sales. E. Psychographics encourage social epidemics such as racial profiling and stigmas against immigrants according to Malcolm Gladwell.
Motor City, Inc. purchased 63,000 shares of Shaw common stock for $278,000. This represents 40% of the outstanding stock. The entry to record the transaction includes a:
A. Debit to Equity Method Investments -HTM for $278,000. B. Debit to Short-Term Investment-AFS for $278,000. C. Debit to Equity Method Investments for $278,000. D. Credit to Equity Method Investments for $6,227,200. E. Debit to Equity Method Investments for $6,227,200.
Maya, an elderly lady, wanted to sell her house. She offered the house to Lily, a friend. However, before the house deeds were transferred, Maya passed away. Which of the following scenarios is legally acceptable in such a case?
A) Lily is still entitled accept the offer through legal action. B) Lily can accept the offer within a period of ten days after Maya's death. C) Lily must consider the offer automatically revoked and void. D)Lily can claim that she was not aware of Maya's death and accept the offer.
The NYSE Hybrid Market allows _____.
A. individuals to send orders directly to a specialist B. individuals to send orders directly to an electronic system C. brokers to send orders directly to a specialist D. brokers to send orders either to an electronic system or to a specialist