The disadvantages of franchising mainly affect the franchisee because the franchisor retains a great deal of control.
Answer the following statement true (T) or false (F)
True
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Bounded rationality means:
a. Being tied up in confusion b. Not knowing which box to tick c. An organization is bad at decision-making d. That there limits to human ability to make decisions
Real property can become personal property if it is removed from the land
Indicate whether the statement is true or false
Stock A has a beta of 1.2 and a standard deviation of 20%. Stock B has a beta of 0.8 and a standard deviation of 25%. Portfolio P has $200,000 consisting of $100,000 invested in Stock A and $100,000 in Stock B. Which of the following statements is CORRECT? (Assume that the stocks are in equilibrium.)
A. Stock A's returns are less highly correlated with the returns on most other stocks than are B's returns. B. Stock B has a higher required rate of return than Stock A. C. Portfolio P has a standard deviation of 22.5%. D. More information is needed to determine the portfolio's beta. E. Portfolio P has a beta of 1.0.
The accuracy of perpetual inventory records may be established, in part, by comparing perpetual inventory records with
A. Purchase requisitions. B. Receiving reports. C. Purchase orders. D. Vendor payments.