All of the following are economic factors that will decrease a firm's value-to-book ratio over time except:
a. decreasing competition that drives the firm's ROCE down
b. increasing systematic risk that increases the firm's equity cost of capital over time
c. a loss of competitive advantage through changes in technology or other factors
d. retaining earnings or issuing equity capital and deploying the capital in activities that generate ROCE levels that are lower than current levels
A
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Isaac and Holiday Fruit Company enter into an oral contract under which Isaac agrees to provide delivery service for holiday Fruit for nine months. This contract is enforceable by
A. Isaac. B. Holiday Fruit. C. any interested third party, such as a Holiday Fruit customer. D. none of the choices.
A call provision gives bondholders the right to demand, or "call for," repayment of a bond. Typically, companies call bonds if interest rates rise and do not call them if interest rates decline.
Answer the following statement true (T) or false (F)
A sales representative called on the Smiths at their home to sell them frozen food (steaks, chicken and veal) along with a small freezer for $1000 . After a very persuasive sales pitch, the Smiths agreed. Two days later they regretted their decision, contacted the company, and stated that they had decided to rescind the contract and return the food and the freezer. May they?
a. No, it was an in-home sale and not unsolicited merchandise. b. No, they executed a contract. c. No, the Smiths have title to the food and the freezer. d. Yes, the three-day in-home sales rule of the FTC allows the Smiths to rescind the contract.
In what ways can a researcher frame "bad questions"?
What will be an ideal response?