Bonds are used by _____________________ to raise large sums of capital.
What will be an ideal response?
corporations and governments
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Zorino Corporation sells product W for $125 per unit, the variable cost per unit is $90, the fixed costs are $450,000, and Zorino is in the 30% corporate tax bracket. What are the sales (dollars) required to earn a net income (after tax) of $25,000?
A) $1,249,020 B) $674,625 C) $1,734,693 D) $1,904,750
Land, buildings, trees, and soil are considered:
A) real property. B) personal property. C) affixed items. D) fixtures.
Laney is a resident of Maine. Delacorte is a Canadian. They dispute the ownership of Petite Isle, an island in North Rapids River on the border between Canada and the United States. The diversity of the parties' citizenship could serve as a basis for
a. federal jurisdiction. b. general jurisdiction. c. limited jurisdiction. d. universal jurisdiction.
Boatwright College gives manufacturers of clothing and gift items permission to place the college's name and emblem on a wide variety of merchandise. In return, Boatwright is paid a fee for granting this permission. In this case, the Boatwright name and logo are a(n) ________ brand.
A. dealer B. manufacturer C. individual D. private E. licensed