The powers of a corporation are found in
a. the corporation's bylaws.
b. the state statutes.
c. the corporation's charter.
d. all of these.
D
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Which of the following best describes the term "expenses"?
a. The amount of total profits earned by a business since it began operations. b. The amount of interest or claim that the owners have in the business. c. The future economic resources of a business entity. d. The outflow of assets resulting from the sale of goods and services.
Answer the following statements true (T) or false (F)
1. In PERT/CPM diagrams, the critical path allows for additional time needed to complete each task. 2. Computer simulations are often too expensive and therefore not available to smaller hospitality organizations. 3. Forecasting demand for businesses both in the short- and long-term future can used to implement proactive strategies to respond to that demand. 4. The purpose of cross-functional structure is to have employee and management teams work together to solve business management decisions.
Company A has a ratio of liabilities to stockholders' equity of 1.31, Company B has a ratio of liabilities to stockholders' equity of 0.99, and Company C has a ratio of liabilities to stockholders' equity of 0.55 . Which company's creditors are at greatest risk?
a. Company C b. Company A c. Risk cannot be assessed based on this ratio. d. Company B
Finance theory suggests that the current market value of a bond is based upon which of the
following? A) the future value of interest paid on a bond B) the sum total of principal and interest paid on a bond C) the present value of a bond's par value plus the future value of the bond's present value D) the sum of the present value of the bond's interest payments and the present value of the principal