A firm has an average age of inventory of 101 days, an average collection period of 49 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days.
A) 150
B) 90
C) 109
D) 11
B) 90
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Carrie maintains a cooking blog, and she often mentions products by name if she feels they are especially nutritional and easy to obtain. This is an example of ________ media.
A. free B. paid C. owned D. display E. earned
_____________ refers to the employee’s ability and willingness to learn.
A. Employee self-efficacy B. Employee readiness C. Employee capability D. Employee desire E. Employee requirement
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? A B Required return10%12%Market price$25 $40 Expected growth7% 9% ?
A. These two stocks should have the same price. B. These two stocks must have the same dividend yield. C. These two stocks should have the same expected return. D. These two stocks must have the same expected capital gains yield. E. These two stocks must have the same expected year-end dividend.
Answer the following statement(s) true (T) or false (F)
1. The corporate existence typically begins when the articles of incorporation are signed. 2. A formal preincorporation agreement may be desirable when it is necessary to bind participants to make future financial contributions that may be essential to the business venture. 3. Upon incorporation, the corporation becomes liable for any preincorporation agreements entered into by its promoters. 4. Stock subscriptions may be used at any time during the life of a corporation to add new shareholders to the corporation. 5. When the corporation’s articles of incorporation authorize only one class of stock, that class is typically referred to as preferred stock.