Answer the following statement(s) true (T) or false (F)
1. Dividends are required by law to all shareholders.
2. Working capital is the amount of capital available for the day-to-day running of the firm.
3. If you have a checking account and have written checks for $1000 but only $100 of checks have cleared, the $100 of checks that have cleared are referred to as float.
4. Trade credit and factoring are good sources of capital investments.
5. Capital budgeting involves comparing and evaluating the revenues and expenses for one year and determining what portion must be invested in order to ensure an adequate rate of return for the firm.
1. FALSE
2. TRUE
3. TRUE
4. FALSE
5. FALSE
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The natural gas turbine is considered a driver of globalization because the turbine
a. increases efficiency, moving goods from place to place. b. was developed in the United States. c. is associated with increased transportation costs. d. increases the labor input and decreases unemployment.
Advantages of department structure include
A) due to their focus and close proximity to issues, project teams have better understanding of specific needs. B) authority, communication, and control are better in these types of organizations. C) unprofitable products or projects can be easily recognized and eliminated. D) all of the above.
The source for the Nissan Maxima ad in Fortune magazine is the copywriter and the art director who created the ad.
Answer the following statement true (T) or false (F)
Legal obligations in an agency run from agent to principal, not principal to agent
a. True b. False Indicate whether the statement is true or false