The top of the organizational chart of organizations is:
A) CEO
B) Board of Directors
C) V.P. of Finance
D) Shareholders
E) Executive Chairman
D
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A stock dividend will cause an increase in total contributed capital at the date the dividend is declared
Indicate whether the statement is true or false
Why was the Court of Appeals for the Federal Circuit created?
A) It was created to exercise appellate jurisdiction over members of the armed services. B) It was created to hear cases that involve federal tax laws. C) It was created to provide uniformity in the application of federal law in certain areas, particularly patent law. D) It was created to hear appeals from intermediate appellate state courts and certain trial courts.
The Martin Company reported net income of $15,000 on gross sales of $80,000. The company has average total assets of $135,000, of which $102,000 is property, plant and equipment. What is the company's return on investment? (Round your final answer to 1 decimal place.)
A. 14.7% B. 11.1% C. 12.5% D. 18.8%
Diversifiable risk includes _____.
A. reinvestment rate risk B. economic risk C. business risk D. political risk E. interest rate risk