What would a compa ratio of 110 indicate?
(a) salary range is competitive with market
(b) salary range is low in relation to market
(c) salary range is high in relation to market
(d) average salaries paid are ten percent above the midpoint of the salary range
d
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The vehicle jack and other hand tools carried by a truck driver in case of a flat tire are examples of which type of business product?
A) repair products B) operating supplies C) maintenance products D) light equipment E) component parts
Patrick Company expects to generate free-cash of $120,000 per year forever
If the firm's required return is 12 percent, the market value of debt is $300,000, the market value of preferred stock is $70,000, and the company has 100,000 shares of stock outstanding. What is the value of Patrick's stock? A) $6.30 B) $10.00 C) $7.00 D) $9.70