Theo believes that everyone must develop his or her own ethical rules. So whereas he believes that gay marriage should be legal, he understands that other people might feel differently. Theo would be considered to be a(n) _______ relativist
A)?individual
B)?issue-oriented
C)?cultural
D)?societal
A
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The _____ is anorganization of 188 member nations that promotes global economic cooperation and stable growth.
A. World Bank B. World Trade Organization C. Bank for International Settlements D. International Monetary Fund
Tootsie Roll Inc pays annual dividends that are expected to grow in perpetuity at the rate of 2% per annum. The next dividend is expected to be $1.50 and it will be paid in one year. The price of Tootsie Roll shares is currently $21.43
If you pay that price and hold Tootsie Roll shares, then what return do you expect to earn? A) 9% B) 8% C) 7% D) 10% E) 11%
When comparing income statement items to balance sheet items in a single ratio, we use the
average of the items on the balance sheet. Indicate whether the statement is true or false
The margin deposit associated with the purchase of a futures contract
A) is a partial payment on the contract with the amount of the payment equal to 10% or more of the contract value. B) represents the purchasers equity in the contract with the balance of the contract financed with borrowed funds at the margin rate of interest. C) is related to the value of the item underlying the contract. D) is used to cover any loss in market value of the contract resulting from adverse price fluctuations.