Which of the following federal acts substantially amended federal bankruptcy law in 2005?
A) Bankruptcy Reform Act
B) Bankruptcy Abuse Prevention and Consumer Protection Act
C) the Nelson Act
D) the Chandler Act
B
You might also like to view...
Which of the following best describes a marketing department with a functional organization?
A) A company creates large teams, or even whole divisions, to serve domestic and international markets. B) Marketing managers are responsible for developing marketing strategies and plans for their specific markets or customers, and the company is organized around the needs of specific customer segments. C) A product manager develops and implements a complete strategy and marketing program for a specific product or brand. D) Sales and marketing people are assigned to specific countries, regions, and districts. E) Different marketing activities are headed by specialists such as sales managers, advertising managers, marketing research managers, and customer service managers.
Which of the following is not one of the nine features of an internal control system?
A. Establishment of clear lines of authority B. Customer service comment cards C. Having employees covered by a fidelity bond D. Requiring regular vacations for certain employees
Which of these conditions is likely to cause a decrease in the probability of a stockout?
A) higher lead time variance B) lower lead time C) higher demand level variance D) lower service level c
You were hired as the CFO of a new company that was founded by three professors at your university. The company plans to manufacture and sell a new product, a cell phone that can be worn like a wrist watch. The issue now is how to finance the company, with equity only or with a mix of debt and equity. The price per phone will be $250.00 regardless of how the firm is financed. The expected fixed and variable operating costs, along with other data, are shown below. How much higher or lower will the firm's expected ROE be if it uses 60% debt rather than only equity, i.e., what is ROEL - ROEU? 0% Debt, U 60% Debt, LExpected unit sales (Q)32,000 32,000Price per phone (P)$250.00 $250.00Fixed costs (F)$1,000,000 $1,000,000Variable cost/unit (V)$200.00 $200.00Required
investment$2,500,000 $2,500,000% Debt0.00% 60.00%Debt, $$0 $1,500,000Equity, $$2,500,000 $1,000,000Interest rateNA 10.00%Tax rate35.00% 35.00%? A. 16.52% B. 13.65% C. 11.33% D. 15.70% E. 12.56%