An example of an intangible asset is
a. A patent
b. Land
c. Investment in another company
d. Raw material inventory
A
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When a corporation completes a 3-for-1 stock split
a. the ownership interest of current stockholders is decreased b. the market price per share of the stock is decreased c. the par value per share is decreased d. b and c
A product consists of four components with reliabilities of 0.89, 0.90, 0.91, and 0.92, respectively. Each component has a backup with the same reliability. Calculate and indicate product reliability.
A. 96.40% B. 86.31% C. 94.11% D. 79.32%
Intellectual stimulation is characterized as ______.
A. being seen as change agents in the organization B. inspiring to others to work hard toward organizational goals C. encouraging innovation and new ideas D. getting to know people one-on-one and mentor them
Franklin Corporation is expected to pay a dividend of $1.25 per share at the end of the year (D1 = $1.25). The stock sells for $32.50 per share, and its required rate of return is 10.5%. The dividend is expected to grow at some constant rate, g, forever. What is the equilibrium expected growth rate?
A. 6.01% B. 6.17% C. 6.33% D. 6.49% E. 6.65%