Nterpurchase occurs when a firm agrees to purchase a certain amount of materials back from a country to which a sale is made.

a. True

b. False

Carbondale Oil announces that a well that it has sunk in a new oil province has shown the existence of substantial oil reserves.

Social Security payments are indexed for inflation using the CPI. A recent newspaper editorial claimed that Social Security recipients are harmed by years of low inflation because they do not receive as large an increase in their payments as they do

Mandy, a 9-month-old infant, saw a little girl in a toy store pushing buttons on a musical toy that plays a different song for each button.

ncome bonds pay interest only if the issuing company actually earns the indicated interest. Thus, these securities cannot bankrupt a company, and this makes them safer from an investor's perspective than regular bonds. a. True b. False

Research suggests that boards of directors perform better if: a. outside directors own significant equity in the organization. b. the board includes employees as voting members. c. the board is homogenous in composition. d.

Wims, inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000. a. What is the value of the shareholders' eq

Businesses are most likely to grow during which of the following phases of the business cycle? A. expansion B. contraction C. trough D. recession

Zero Corp. suffered a loss having a material effect on its financial statements as a result of a customer's bankruptcy that rendered a trade receivable uncollectible.

Upward communication among organizational members at the same level can facilitate task coordination, provide means of sharing information, provide formal channel of communication for problem solving, and facilitate mutual support for staff involved.

Last year, a women's professional organization made two small-business loans totaling $23,000 to young women beginning their own businesses. The money was lent at 9% and 11% simple interest rates.