When Serena from the United States flies to Scotland on a Canadian airline, stays in an Edinburgh hotel, and buys many wool sweaters from Scotland to bring home, she is?

A corporation records a dividend-related liability

On October 1, Year 1, Gold Co. borrowed $900,000 to be repaid in three equal, annual installments. The note payable bears interest at 5% annually. Gold paid the first installment of $300,000 plus interest on September 30, Year 2.

David Ortiz Motors has a target capital structure of 40% debt and 60% equity. The yield to maturity on the company's outstanding bonds is 11%, and the company's tax rate is 40%. Ortiz's CFO has calculated the company's WACC as 9.39%.

Charlotte's Crochet Shoppe has 16,700 shares of common stock outstanding at a price per share of $83 and a rate of return of 11.93 percent. The company also has 360 bonds outstanding, with a par value of $2,000 per bond. The pretax cost of debt is 6.

Melon Lawn Co. advertises its new XJ200 lawn mower. Salespersons describing the XJ200 on behalf of Melon Lawn describe it as a "fabulous new mower" that will "take landscaping by storm." Melon Lawn's salespersons are engaging in a.

If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound in the U. S. and 1 New Zealand dollar per pound in New Zealand, what is the real exchange rate? A. 22.5 B. 1.25 C. 2 D. 0.75

The attitude adopted by Calvin Coolidge that government should play a small role in business affairs is known as what?

Why is it important to take special steps to format an electronic résumé properly? a. It demonstrates superior knowledge over other candidates b. It shows time went into applying for the position c. It ensures the document is clear and readable d.

For much of the 1990s, the U. S. economy was experiencing long-run economic growth, low unemployment, and a stable inflation rate. Which of the following would give rise to these outcomes? Choose one: A.

The Victoria Fund, a child welfare fund, received $50,000 in cash in 2018. The donor requires the gift be held in perpetuity and that the income from investing this money may be used for its program of promoting adoption of young girls.