Lance has set for his business the goal of increasing revenues by 20% and profits by 15% by the end of the year.  Lance is likely high in:

A. risk tolerance.
B. opportunity obsession.
C. leadership.
D. motivation to excel.


Answer: D

Business

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The date that a promissory note is due is the_____________

Fill in the blank(s) with correct word

Business

Which of the following is a correct statement relating to the concept of mutual agency and the corporate form of business?

a. There is no mutual agency with the corporate form of business. b. Mutual agency may or may not exist in a corporation, depending on the individual state law. c. Mutual agency always exists in the corporate form of business. d. Mutual agency may or may not exist in a corporation, depending on a vote by the shareholders.

Business

The number of authorized shares of stock may be less than the number of outstanding shares

Indicate whether the statement is true or false

Business

What would be the cost of new common stock equity for Tangshan Mining if the firm just paid a dividend of $4.25, the stock price is $55.00, dividends are expected to grow at 8.5 percent indefinitely, and flotation costs are $6.25 per share?

A) 17.22% B) 16.88% C) 9.46% D) 12.57%

Business