If the equation y = 15 - 4x was plotted,the:

A) vertical intercept would be -4.
B) vertical intercept would be +4.
C) vertical intercept would be +9.
D) slope would be -4.

A(n) __________ is a third party who obtains possible benefits but no rights under a contract.

A) incidental beneficiary
B) intended beneficiary
C) assignor
D) donee beneficiary

Which of the following statements is false as it relates to direct and indirect expenses?

A) Building expense is an indirect expense.
B) Indirect expenses cannot be assigned to different departments based on an allocation such as square feet.
C) If an expense is traceable to a particular department, it is a direct expense.
D) Advertising expense can be both a direct and an indirect expense.

According to the provisions of UCC,an exclusive dealing contract imposes a duty only on the distributor to use its best efforts to sell the goods.

The relative distribution of sales among products sold by a company
A)Profit-volume chart
B)Cost-volume-profit chart
C)Sales mix
D)Operating leverage
E)Margin of safety

Rose Hill Trading Company is expected to have EPS in the upcoming year of $8. The expected ROE is 18%. An appropriate required return on the stock is 14%. If the firm has a plowback ratio of 70%, its dividend in the upcoming year should be ________.

A) $1.12
B) $1.44
C) $2.40
D) $5.60