Which kind of dividends typically pay dividends with additional shares of the corporation's stock?
a. property dividend
b. stock dividend
c. liquidating dividend
d. scrip dividend
B
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Which of the following is an inherent limitation of internal controls?
a. Lack of auditor independence. b. Collusion. c. Separation of duties. d. Employee peer review.
The Sarbanes-Oxley Act intends to enhance corporate responsibility and financial disclosures
Indicate whether the statement is true or false.
____ is a customer's subjective assessment of benefits relative to costs in determining the worth of a product.
A. Marketing orientation B. Monetary price C. Product assessment D. Price assessment E. Value
Say that the current direct exchange rate is $1.5537/£. The cash inflow in pounds is £70,000 in two years and the discount rate is 7%
During this time, the anticipated annual inflation rate is 3% per year in the United States and 5% per year in the United Kingdom. What is the present value (in U.S. dollars) of the £100,000 after conversion from pounds to dollars if you are using current and forward exchange rates? A) $70,000 B) $104,655.26 C) $91,409.96 D) $88,307.62