How many independent agencies report directly to the president?

a) 25

b) 42

C) 50

D) over 50

A land title search office has a staff of three, each working eight hours per day (for a total payroll cost of $480/day) and overhead costs of $300 per day. This office processed an average of seven titles each day.

MTB Industries currently pays an annual dividend of $1.50 per share, and it is expected that these dividend payments will continue indefinitely. If the firm's equity cost of capital is 12%, the value of a share of MTB stock is closest to:

The firm's target capital structure should do which of the following? a. Maximize the earnings per share (EPS). b. Minimize the cost of equity (rs). c. Minimize the cost of debt (rd). d. Obtain the highest possible bond rating. e.

The chairman of the SEC at one time noted, "If it becomes accepted or expected that accounting principles are determined or modified in order to secure purposes other than economic measurement, we assume a grave risk that confidence in the

Culture is a component of what type of environmental force that must be scanned to assess its impact on the organization's marketing environment?

What is the policy that allows business to operate with little or no government interference?

Suppose a country is in the midst of an economic boom and is running large budget surpluses. The prime minister suggests that due to the good economic conditions, the time is ripe for a large tax cut.

What term refers to the efficient use of resources?

Beautiful Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow: ... Total ... Luxury ... Sporty Sales revenue ... $490,000 ... $360,000 ... $130,000 Variable expenses ... 359,000 ...

The following data pertain to an investment proposal: Required investment $75,000 Annual cash savings $18,000 Projected life of investment 8 years Projected salvage value $4,000 Required rate of return 16% Ignoring income taxes, how much is the net