When a credit application is refused, it is sufficient that the lender give the applicant a written statement saying: "application refused."
Indicate whether the statement is true or false
False
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If a firm is privately owned, and its stock is not traded in public markets, then we cannot measure its beta for use in the CAPM model, we cannot observe its stock price for use in the dividend growth model, and we don't know what the risk premium is for use in the bond-yield-plus-risk-premium method. All this makes it especially difficult to estimate the cost of equity for a private company.
Answer the following statement true (T) or false (F)
Which of the following statements is TRUE?
A) Employers can never fire an employee who has a written contract B) Employers can only fire an employee for just cause C) Employers can fire employees for no reason but must pay compensation D) Employers can fire an employee who has an oral contract without paying compensation E) Employers must always use progressive discipline if an employee is acting in an inappropriate manner before they are fired
What is the amount of the corporation's taxable income?
Crowley Corporation has the following income during the current year:
Barnes & Noble bookstore ordered 800 art books. On verifying the order, only 160 books were actually received. The percent of the order missing was:
A. 20%. B. 90%. C. 80%. D. 40%. E. None of these.