Which agency acts as an insurance company, collecting annual premiums from companies with defined-benefit plans that spell out specific payments upon retirement?
A. The Federal Deposit Insurance Corporation
B. The Federal Retirement Thrift Investment Board
C. The Pension Benefit Guaranty Corporation
D. The Employee Benefits Security Administration
Answer: C
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Ethnocentric orientation is sometimes associated with all of the following attitudes except:
A) national arrogance. B) assumption of national superiority. C) indifference to marketing opportunities. D) selecting a standardized approach. E) selecting an adaptation approach.
On January 1, 2016, Bennett Corporation had 20,000 shares of common shares outstanding. During the year, it sold another 2,600 shares on July 1 and reacquired 600 shares on November 1. The corporation earned $337,600 net income. The company also has 15,000 shares of $10 par value, 6%, cumulative preferred stock on which no dividends have been declared for the last two years. What is the basic earnings per share for the year?
A) $15.92 B) $15.65 C) $15.50 D) $15.08
The big bang method
a. is more ambitious than the phased-in method. b. has been associated with many failures. c. both a. and b. d. neither a. nor b.
Jumbo Juice Inc offers entrepreneurs the opportunity to operate a franchise under the Jumbo Juice trade name as a member of a select group of dealers that engage in retail juice sales.? To potential investors, Jumbo Juice must provide A) actual earnings figures
B) hypothetical earnings figures. C) projected earnings figures. D) none of the choices.