Fax on demand enables an outside party to call an organization and then request information
Indicate whether the statement is true or false.
T
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High Tech Corp. cut its research and development budget in 2010 by $4,000,000 in order to
improve its cash flow for the year. Which of the following statements is MOST correct? A) The stock price will likely increase because the value of stock is based on reported cash flow. B) The change will have no impact on stock price because the company's profits will not change in 2010. C) The stock price will increase only if reported profits in 2010 are higher than profits reported in 2009. D) The stock price may decrease because investors may predict that future cash flows will decrease due to the lack of innovation and new products.
By operation of law, a party can be discharged in bankruptcy from debts.?
Indicate whether the statement is true or false
A taxpayer's tentative minimum tax exceeds his net income tax so he will be paying the alternative minimum tax this year. The taxpayer has a sole proprietorship through which he has earned general business credits. The taxpayer can reduce his AMT to the extent of his general business credits.
Answer the following statement true (T) or false (F)
Many firms borrow by using banker's acceptances (i.e., getting a bank to guarantee the firm's debt) when they are too small or too risky to use the commercial paper market
Indicate whether the statement is true or false