Ray-On Corporation makes inexpensive, highly efficient, solar energy cells. A anticipates a change in the demand for its products as a consequence of climate change. According to the Securities and Exchange Commission, Ray-On should
A. disclose this information.
B. keep this information confidential.
C. reveal this information to insiders only if asked.
D. release this information to current shareholders only.
Answer: A
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Which of the following is true about the nature of licensing?
A. The person who owns the intellectual property is known as the licensee. B. A customer who has bought a patented product cannot freely resell it without fear of violating the original patent. C. As a general rule, persons who buy from patent holders or their licensees are restricted by the original licensing contract. D. Sometimes the licensee is permitted to sublicense all or part of its rights in the technology to a sublicensee.
U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is not true?
a. The criteria attempt to identify the entity, whether lessor or lessee, that enjoys the benefits and incurs the risk of the leased asset. b. When the lessor enjoys the benefits and bears the risk, the lease is an operating lease. c. When the lessee enjoys the benefits and bears the risk, the lease is an operating lease. d. IFRS provides more general criteria for identifying the entity enjoying the rewards and incurring the risk. e. Firms cannot currently apply the fair value option to capital leases
When Kimberly-Clark introduced rolls of toilet paper without the cardboard core, what social trend did this product respond to?
A. cultural diversity B. time-poor society C. regulatory issues D. green marketing E. technological advances
Describe the Internet's impact on information along with how these changes are affecting businesses.
What will be an ideal response?