The Rehabilitation Act of 1973 is enforced by:
A) the EEOC
B) the Labor Department.
C) no one.
D) Congress.
B
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An asset was purchased for $31,000 on January 1, 2016
The asset's estimated useful life was five years, and its residual value was $8,000. The straight-line method of depreciation was used. Calculate the gain or loss if the asset is sold for $21,000 on December 31, 2016, the last day of the accounting period. A) $2,700 gain B) 5,400 loss C) 5,400 gain D) no gain or no loss
The manufacturer of the George Forman grill has produced a 30-minute sales pitch in the form of a talk and demonstration show to be aired on local cable TV channels. This is an example of an infomercial.
Answer the following statement true (T) or false (F)
ABC Corporation is selling additional shares of common stock. Although ABC Corporation has already sold shares of stock in the public equity markets, these are new shares of stock, and have never been sold or traded previously. This is called a(n)
A) initial public offering. B) seasoned new issue. C) secondary issue. D) blue chip issue. E) none of the above.
Which of the following is true for a call option on a stock worth $50
A. As a stock's expected return increases the price of the option increases B. As a stock's expected return increases the price of the option decreases C. As a stock's expected return increases the price of the option might increase or decrease D. As a stock's expected return increases the price of the option on the stock stays the same