Negotiability is wholly a matter of form

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Connor Martin Corporation's balance sheet showed the following amounts: Current Liabilities, $10,000; Bonds Payable, $3,000; Lease Obligations, $4,000; and Notes Payable, $600 . Total stockholders' equity was $12,000 . The debt-to-equity ratio is:

a. 0.83. b. 1.47. c. 1.42. d. 0.63.

Business

In many countries, the marketing, economic, structural, information, and technological environments are not developed to the extent that they are in the United States

Indicate whether the statement is true or false

Business

Which of the following is not true regarding agency theory?

a. It is also called contracting theory. b. Its underlying assumption is that individuals act in their own best self-interest. c. Few agency relationships between parties may be defined or governed by accounting numbers. d. It is concerned with the various costs of monitoring and enforcing relations among management, owners, creditors, and government.

Business

Which of the following is/are true concerning an employee stock options' time value element?

a. The time value element results from the possibility of increases in the market price of the stock during the exercise period. b. Time value is larger the longer the exercise period and the more volatile the market price of the stock. c. A stock option whose exercise price exceeds the current market price has economic value because of the possibility that the market price will exceed the exercise price on the exercise date. d. A stock option whose exercise price has zero intrinsic value has economic value because of the possibility that on the exercise date there would be positive intrinsic value. e. all of the above

Business