When estimating a firm's cost of equity capital using the CAPM, you need to estimate:
A) the risk-free rate of return.
B) the expected return on the market portfolio.
C) the firm's beta.
D) all of the above
Answer: D
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In general, revenue is recognized when:
A. it is received in cash. B. goods are shipped. C. it is recorded in the sales journal. D. an entity satisfies a performance obligation.
Which of the following does not represent a proposition of Stacey’s Complexity Theory?
a. Organizations operate in a linear fashion, communicating information in a predictable way b. If an organization becomes too stable it will be unable to change as needed c. People within an organization can’t control the long-term future d. Organizations are constantly drawn to stability and instability at the same time
What two writers are associated with reinventing government? What is the federal program implementing it?
What will be an ideal response?
Describe each of the following as either a product or period cost. a. factory depreciation f. direct materials b. indirect labor g. indirect materials c. administrative salaries h. advertising d. direct labor i. factory insurance e. utilities used in the factory j. utilities used in the administrative offices