All of the following are indications of significant influence over another company except
a. participation in policymaking.
b. representation on the board of directors.
c. technological dependency between the two companies.
d. ownership of all of the other company's debt securities.
D
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Alex is working on a report and has reached Phase 2 of the 3-x-3 writing process. What question should he ask while collecting information during this second phase?
A) What does the receiver need to know about the topic? B) What is the receiver to do and how is the receiver to do it? C) When must the receiver do it? D) Alex should ask all of these questions.
The advantages of using a licensing strategy to participate in foreign markets include
A. being especially well-suited to achieve scale economies. B. being able to achieve higher product quality and better product performance than with an export strategy. C. being able to achieve first-mover advantages quickly and easily. D. being able to leverage the company's technical know-how, appealing brand, or patents without committing their resources or capabilities to foreign markets. E. being able to charge lower prices than rivals.
What do the BRIC countries have in common?
A. They are the four countries experiencing the lowest levels of economic growth. B. They are Asian countries experiencing explosive population growth. C. They are experiencing significant levels of economic growth. D. They have suffered more than most other countries in the recent recession. E. They participate together in a trading bloc.
Ajax Corp's sales last year were $400,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times-interest-earned (TIE) ratio?
A. 3.00 B. 3.66 C. 2.46 D. 2.61 E. 3.48