SEC rule 144A permits institutional buyers to trade privately placed securities without the previous holding periods restrictions and without requiring SEC registration

Indicate whether the statement is true or false.


Answer: TRUE

Business

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During the acquaintance phase of leadership making, ______.

A. roles are scripted B. exchanges are negotiated C. influences are mixed D. influences are one-way

Business

Exhibit 4-1Given the following information for Blue Bell Company for last year:

Net sales (all on account) $5,200,000 Cost of goods sold 2,080,000 Interest expense 240,000 Income tax expense 280,000 Net income 420,000 Income tax rate 40% Total assets: ? ? January 1 $1,800,000 ? December 31 2,400,000 Shareholders' equity (all common): ? ? January 1 1,500,000 ? December 31 1,600,000 Current assets, December 31 700,000 Quick assets, December 31 400,000 Current liabilities, December 31 300,000 Net accounts receivable: ? ? January 1 200,000 ? December 31 180,000 Inventory: ? ? January 1 210,000 ? December 31 250,000 ? ? Refer to Exhibit 4-1. Blue Bell's current ratio at December 31 was A. 3.67 times B. 2.33 times C. 1.33 times D. 0.43 times

Business

As the economy becomes more and more depressed, a company's management decides to slash spending on research and development. What is the likely effect of this action on net income? Net income will be

a. Lower this period and lower in future periods. b. Higher this period and lower in future periods. c. Lower this period and higher in future periods. d. Higher this period and higher in future periods.

Business

Tammy is evaluating employees on the 2nd shift. Sara, whose son attends Tammy’s alma mater, receives a higher ranking than her peers. Tammy is exhibiting _________ toward Sara, which affects the outcome of the evaluation.

A. bias B. discrimination C. consistency D. hostility E. evaluation

Business