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NEW QUESTION: 1
XYZ Inc. has limited cash flow, total liabilities to total assets greater than 52%, and a high WACC. To help meet the goal of lowering their WACC, the company plans to issue several million dollars of private equity to the chairman of the board. If the company proceeds with this plan, the company may:
A. not comply with SOX requirements.
B. violate shareholder pre-emptive rights.
C. need to report the large currency transaction.
D. require approval from PCAOB.
Answer: B

NEW QUESTION: 2
A fund's 12b-1 fees may not be used to pay which of the following?
A. compensating brokers who sell shares of the fund
B. administrative expenses of the fund's investment adviser
C. printing prospectuses
D. mailing sales literature to existing and prospective customers
Answer: B
Explanation:
Explanation/Reference:
Explanation: A fund's 12b-1 fees may not be used to pay the administrative expense of the fund's investment adviser. This would be part of the fund's management fees. SEC rule 12b-1 authorizes a fund to pay for distribution costs out of a fund's assets only if the fund has adopted a 12b-1 plan. The SEC defines these distribution costs to include the costs of marketing and selling the fund shares, including compensating brokers who help to sell the shares, and printing and mailing prospectuses and sales literature to existing and prospective customers.

NEW QUESTION: 3
What term indicates that Salesforce is a platform which allows clients to share hardware, storage and other infrastructure?
A. Multi-tenant
B. On-demand
C. TRUE
D. System
Answer: A