Which of the following is not an important reason for alliances among companies competing in high tech markets?

a. Need for rapid product development
b. High development costs
c. Importance of creative destruction
d. Need for complementary skills
e. Ability to offer customers a complete solution


C

Business

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Cash value policies rarely apply surrender charges in the early years

Indicate whether the statement is true or false

Business

The statement of changes in stockholders' equity:

A. Does not include changes in treasury stock. B. Shows only the ending balances in stockholders' equity. C. Is part of the statement of retained earnings. D. Describes changes in paid-in capital and retained earnings subcategories. E. Is reported by very few companies.

Business

Modigliani and Miller argue that when a firm has no acceptable investment opportunities, it should ________

A) preserve the funds and not declare dividends B) distribute the surplus funds to the owners C) lower its cost of capital D) retain the funds until an acceptable project arises

Business

Two mutual funds are quoted as follows. Given these quotes, which one of the following is true?

A) Both funds are load funds. B) Fund A is a no-load fund. C) Fund B is a no-load fund. D) Both funds are no-load funds.

Business