An acknowledgment by a bank that it has received money from a customer with a promise by the bank that it will repay the money received at a specified date is a note
a. True
b. False
Indicate whether the statement is true or false
False
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Coors brand slogan "Turn it loose" translated into Spanish was interpreted as "suffer from diarrhea," which is an example of why marketers may need to change brand elements when they launch products and services globally
Indicate whether the statement is true or false
Which of the following is not a form of ‘upward problem-solving’ employee voice:
a. quality circle b. suggestion scheme c. employee attitude survey d. company newsletter
McPherson Company must purchase a new milling machine. The purchase price is $50,000, including installation. The machine has a tax life of 5 years, and it can be depreciated according to the following rates. The firm expects to operate the machine for 4 years and then to sell it for $12,500. If the marginal tax rate is 25%, what will the after-tax salvage value be when the machine is sold at the end of Year 4? Year Depreciation Rate 1 0.20 2 0.32 3 0.19 4 0.12 5 0.11 6 0.06
A. $9,367 B. $9,860 C. $10,379 D. $10,925 E. $11,500
In the EBIT-EPS approach to capital structure, a constant level of EBIT is assumed ________
A) to ease the calculations of owners' equity B) to isolate the impact on returns of the financing costs associated with alternative capital structures C) to emphasize the relationship between interest expenses and taxes D) to concentrate on the effect of revenue and expense on capital structure decisions