Many of the same Asian countries that are major exporters to the United States are also significant importers of American goods because of all of the following reasons except
A. their rising standards of living enable their people to afford more imported products.
B. their governments have sent buying missions to the United States to look for products to import.
C. they prefer to deal with the U.S. democratic system than the political systems of Europe.
D. they are importing raw materials and components that will be assembled and subsequently be exported, often to the U.S.
E. they are purchasing large amounts of capital goods to further their industrial expansion.
Answer: C
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Getler Inc.'s projected capital budget is $2,000,000, its target capital structure is 40% debt and 60% equity, and its forecasted net income is $1,000,000. If the company follows a residual dividend policy, how much dividends will it pay or, alternatively, how much new stock must it issue?
Dividends Stock Issued
| a. | $ 0 $200,000 | |
| b. | $541,500 $171,475 | |
| c. | $570,000 $180,500 | |
| d. | $514,425 $162,901 | |
| e. | $600,000 $190,000 |
On average, unionized workers receive lower pay than their nonunionized counterparts.
Answer the following statement true (T) or false (F)
Which of the following research and development costs should always be capitalized?
A) costs of intangibles purchased from others B) costs of materials, equipment, and intangibles with alternative future uses purchased from others C) costs of equipment with an expected life greater than three years D) costs of contract services purchased from others
An experiment consists of tossing 4 coins successively. The number of sample points in this experiment is
A. 16. B. 8. C. 4. D. 2.