A corporation must have a registered agent within the state of incorporation only if the corporation maintains an office in that state
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is/are true regarding minority, passive investments?
a. An investor acquires the common stock of another entity for the interest, dividends, and capital gains anticipated from share ownership. b. The acquiring company's ownership percentage is sufficiently small that it cannot control or exert significant influence over the other company. c. U.S. GAAP and IFRS view investments of less than 20% of the voting shares of another company as minority, passive investments in most cases. d. An investor who intends to hold the shares for less than a year would classify them as current assets; if the expected holding period is longer, the investor would classify them as noncurrent assets. e. all of the above
The __________ department is usually responsible for the safety program for most employers.
A. finance B. sales C. HRÂ D. engineering
A portfolio combining two assets whose returns are less than perfectly positive correlated can increase total risk to a level above that of either of the components
Indicate whether the statement is true or false
A firm has an expected dividend next year of $1.20 per share, a zero growth rate of dividends, and a required return of 10 percent. The value of a share of the firm's common stock is:
A) $120 B) $10 C) $12 D) $100