In countries where debt financing is more common (Germany and Japan) compared to equity financing, there is greater emphasis on reporting the ability of the company to earn profits for its investors rather than the ability to repay debt.
Answer the following statement true (T) or false (F)
False
In countries where debt financing is more common (Germany and Japan) compared to equity financing, there is less emphasis on reporting the ability of the company to earn profits, and greater emphasis on the ability of a company to repay debt.
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A national bank that is not in a financial holding company or a bank holding company is mainly supervised by the
A. Federal Deposit Insurance Corporation. B. Federal Reserve. C. Office of the Comptroller of the Currency. D. National Credit Union Administration.
Seal Financial Advisors provides accounting and finance assistance to customers in the retail business. Seal has four professionals on staff and an office with six clerical staff. Total compensation, including benefits, for the professional staff runs about $571,000 per year, and normal billable hours are 8100 hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $754,000. Seal allocates office and administrative costs to clients monthly, using a predetermined overhead allocation rate based on billable hours. What is the predetermined overhead allocation rate that Seal will use for office and administrative costs? (Round your answer to the nearest cent.) A) $93.09 per hour
A) $93.09 per hour B) $22.59 per hour C) $70.49 per hour D) $163.58 per hour
________ is very believable because news stories, features, sponsorships, and events seem more real and believable to readers than ads do
A) Differentiated marketing B) Public relations C) Direct marketing D) Sales promotion E) Personal selling
A task force charged with reducing overhead costs meets to define their roles and responsibilities and develop ways to reach the group's goals. Tension is fairly high among group members. The team is in the ____ phase of team development
A) forming B) storming C) norming D) performing