There is no cap on damages for discrimination in violation of the Civil Rights Act of 1964.
Answer the following statement true (T) or false (F)
False
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In recent years, Redbird Corporation, a small manufacturer of jet skis for the leisure industry, has followed the practice of issuing a 10 percent stock dividend annually. Although the company's net income has been almost $4 million in each of the past
three years, retained earnings have declined from about $10 million to about $6 million. What is the probable motivation for management's decision to issue an annual 10 percent stock dividend? What is the most likely explanation for the decrease in retained earnings? Given your explanation, would stockholders' equity also decrease by a like amount?
When using the ranking method of evaluating suppliers:
A) weight and rating of each supplier is multiplied for each factor and the total taken as the ranking of the supplier. B) each supplier is ranked for overall suitability. C) suppliers are rated against each factor. D) important factors are selected and assigned a "weight." E) all of the above are used.
General partners are not personally liable for partnership debts beyond their capital contributions.
Answer the following statement true (T) or false (F)
Whitman Antique Cars Inc. has the following data, and it follows the residual dividend model. Some Whitman family members would like more dividends, and they also think that the firm's capital budget includes too many projects whose NPVs are close to zero. If Whitman reduced its capital budget to the indicated level, by how much could dividends beincreased, holding other things constant? ? Original capital budget$3,000,000 New capital budget$1,900,000 Net income$3,500,000 % Debt30% ?
A. $521,700 B. $404,200 C. $493,500 D. $484,100 E. $470,000