Esther is the CEO of a line of accessories and cosmetics, Starring Me! Inc., which has retail stores and production units in five countries. In this scenario, Starring Me! Inc. is most likely a
A. nationalized firm.
B. multinational enterprise.
C. nonprofit organization.
D. sole proprietorship.
Answer: B
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Building trust in a team requires all of the following EXCEPT:
a. Being trusting b. Being trustworthy c. Time d. Constant changes in team membership
The Crestar Company reported net income of $112,000 on 20,000 average outstanding common shares. Preferred dividends total $12,000. On the most recent trading day, the preferred shares sold at $50 and the common shares sold at $95. What is this company's current price-earnings ratio?
A. 20 B. 17 C. 19 D. None of these answers is correct.
Which of the following is true regarding conscious parallelism?
a. Proof, standing alone, that firms changed prices at the same time is sufficient to prove a horizontal conspiracy to set prices regardless of whether the firms initially set prices at the same levels. b. Proof, standing alone, that firms initially set prices at the same levels is sufficient to prove a horizontal conspiracy to set prices regardless of whether the firms later changed prices at the same time. c. Showing that firms consistently set prices at the same levels and change prices at the same time is sufficient to prove a horizontal conspiracy to set prices. d. Merely showing that firms consistently set prices at the same levels and change prices at the same time is insufficient to prove a horizontal conspiracy to set prices.
Discounted cash flow (DCF) techniques answer which of the following questions?
A. Do the cash returns of the investment exceed the cash outlays? B. How does the present value of future benefits from the investment compare to the investment outlay? C. How long will it take to recover the original investment outlay? D. How many dollars in average profits are generated per dollar of average investment?