Miller and Rock (1985) developed an ingenious signaling model in which __ by a firm serve as powerful signals of the firm's earnings capacity, and thus its value
Any such _ reveal that the firm has been generating, and is expected to continue to generate, high net cash inflows.
a. cash payouts
b. debt issuance
c. equity issuance
d. earnings announcements
A
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The possibility that a bank's loan customers might not repay their loans is known as
A. withdrawal risk. B. default risk. C. interest-rate risk. D. foreign-exchange risk.
Most job seekers start looking for a position ________
A) in the hidden job market B) on social networking sites C) in the open job market D) in the classified section of the local newspaper
One way for a retail merchant to avoid liability in a false arrest suit by a customer suspected of shoplifting is to prove that
a. no security guard was on duty. b. the customer consented to being detained. c. the store manager was new. d. the customer really didn't shoplift.
Peppertree Co.'s financial statements on December 31, 2018, showed the following: Net Sales$550,000 Fixed Assets, January 1$146,000 Fixed Assets, December 31$134,000 Total Assets, January 1$194,000 Total Assets, December 31$200,000 What is the fixed asset turnover for 2018 (rounded to two decimal places)?
A. 3.93 B. 4.10 C. 2.60 D. 2.79