Insurance protects you against potential financial losses or liability that result from unexpected events
Indicate whether the statement is true or false.
Answer: TRUE
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A ________ establishes a long-term relationship in which the supplier promises to resupply the buyer as needed, at agreed-upon prices, over a specified period of time
A) stockless purchase plan B) direct stock purchase plan C) defined contribution plan D) stock purchase plan E) share purchase plan
Companies may provide for extra capacity in anticipation of future increases in demand for their products or services. Such extra capacity is called ______.
a. a capacity cushion b. overproduction capability c. waste d. flexible capacity
The following information applies to Acorn Construction Company (ACC):?Year 2Year 1Net sales$ 880,000$ 600,000Income before interest and taxes127,50084,000Net income59,00052,000Interest expense24,50015,000Stockholders' equity, December 31810,300725,000Common stock750,300700,000Preferred stock dividends24,00024,000Information on the number of shares outstanding is provided below:Avg. # of shares outstanding Year 138,000Avg. # of shares outstanding Year 233,000Required:Compute the following ratios for ACC for Year 2 and Year 1:(a) Number of times interest is earned(b) Earnings per share(c) Price-earnings ratio (Market prices: Year 2 $17.50 per share, Year 1 $15.00 per share)(d) Return on equity(e) Net margin.
What will be an ideal response?
Nike would be an example of a:
A) trademark. B) copyright. C) brand name. D) patent.