A budget that adds a new month at the end of the budget when a month is completed, resulting in a budget that is always one year in advance is a:
a. Flexible budget.
b. Static budget.
c. Continuous budget.
d. Capital budget.
c
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Mario Dean owns a Wendy's franchise. Mario feels that the franchisor is hurting his business by forcing him to use certain high-priced suppliers. The franchisor says that this power is implied in the franchise agreement. Who is likely to arbitrate this dispute?
A. Wendy's CEO B. Mario Dean C. The court system D. National Franchise Mediation Program E. Wendy's corporate lawyers
Seniority and merit systems are not subject to Title VII prohibitions
Indicate whether the statement is true or false
An effective acceptance must be:
a. unconditional b. equivocal c. improperly communicated d. all of the other specific choices are correct e. none of the other specific choices are correct
Static Inc has had a hard time recently. In order to help the firm survive a downturn in the market for its products, management has announced that it doesn't plan to pay dividends for the next three years. A modest dividend of $2.00 is projected for the fourth year after which dividends are expected to grow at 5% indefinitely. Similar stocks return 10%. How much should Static's stock sell for
today? A) $30.05 B) $20.00 C) $40.00 D) $28.69