A fundamental assumption of the wheel-of-retailing theory is that a large proportion of consumers are first attracted to a retail innovator through image appeals
Indicate whether the statement is true or false
False
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Before a stock dividend can be declared or paid, there must be sufficient cash
a. True b. False Indicate whether the statement is true or false
The principle of simplicity should be carefully applied to Internet advertising primarily because of the:
A) educational level of Internet users B) load time for web pages C) importance of creating a uniform look D) importance of using only one identifiable selling point
On January 1, 2016, Snow, Inc issued $50,000 of ten-year 6% bonds for $43,800. Interest was payable semiannually. The effective yield was 8%. The effective interest method of discount amortization was used. What amount of interest expense should be recorded for the six-month period ending December 31, 2016?
A) $1500. B) $1,752 C) $2,000 D) $1,762
Which of the following is true of the Dodd-Frank Act with regard to derivatives?
A) The Dodd-Frank statute will standardize derivatives traded on exchanges to decrease transparency. B) Derivatives must be routed through a subsidiary to ensure that companies using them post collateral. C) Banks can continue to trade derivatives in-house based on interest rates and foreign exchanges, and for purposes of hedging risk. D) Banks will have to spin off their riskier derivatives and trade them through a clearing house.