All of the following are examples of variable interests except:
A. Participation rights.
B. Asset purchase options.
C. Guarantees of debt.
D. Lease residual value guarantees.
E. Stock options.
Answer: E
You might also like to view...
The set of brands a consumer knows about but has neither positive nor negative feelings for is the:
A) inept set B) inert set C) cognitive set D) evoked set
Ari's Cafe began operations on March 1, 2015 . The corporate charter authorized the issuance of 3,000 shares of $2 par value common stock and 1,000 shares of $3 par value, 8% cumulative preferred stock. The company's fiscal year ends on February 28 . Ari's sold 500 shares of common stock at $6 per share on April 1 . What impact does the entry to record the April 1 transaction have on total
stockholders' equity? a. No effect b. Increase by $1,000 c. Increase by $3,000 d. Increase by $6,000
Harvest Corporation's capital stock at December 31 consisted of the following: (a) Common stock, $2 par value; 100,000 shares authorized, issued, and outstanding. (b) 10% noncumulative, nonconvertible preferred stock, $100 par value; 1,000 shares authorized, issued, and outstanding. Harvest's common stock, which is listed on a major stock exchange, was quoted at $4 per share on December 31
Harvest's net income for the year ended December 31 was $50,000 . The yearly preferred dividend was declared. No capital stock transactions occurred. What was the price- earnings ratio on Harvest's common stock at December 31? a. 6 to 1 b. 8 to 1 c. 10 to 1 d. 16 to 1
The medium through which a consumer receives a message gives the message its context. As a result,
A) the content of the message is largely unimportant. B) advertising messages are far more effective than public relations messages. C) the meaning varies depending upon the channel through which the message is delivered. D) consumers rarely take price into account during product purchase decisions. E) the media are not a reliable source of news and information.