Which of the following is a method used to speed up cash receipts?
A) lock box
B) electronic funds transfer
C) writing a check
D) A and B above
E) B and C above
D
Business
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Which of the following assumptions is not required for Miller and Modigliani’s (MM) dividend theory?
A. Shareholders have no transaction costs when buying and selling shares. B. There are no taxes. C. Investors sort themselves into dividend clienteles.
Business
The Internet has resulted in lower search costs, increased price comparison, and lower prices to consumers for which insurance product line?
A) term life insurance B) automobile insurance C) health insurance D) property and casualty insurance
Business