An investor with a low propensity for risk would avoid investments with high risk premiums
Indicate whether this statement is true or false.
Answer: TRUE
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Having an entrepreneurial orientation toward the control of resources means:
A. that one focuses on accessing others' resources. B. that one focuses on using a hierarchy management structure in allocating resources. C. that one focuses on purchasing resources. D. that one has a belief that resources are unlimited and therefore easy to obtain.
All expenses represent cash outflows.
Answer the following statement true (T) or false (F)
On February 15, Jewel Company buys 6700 shares of Marcelo Corp. at $28.66 per share. The stock is classified as a stock investment with insignificant influence. This is the company's first and only stock investment. On March 15, Marcelo Corp. declares a dividend of $1.18 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 15 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year for $29.44 per share. The fair value of the remaining shares is $29.64 per share. The impact on Jewel's net income as a result of its investment in Marcelo Corp. was a(n):
A. Decrease to income of $7906. B. Increase to income of $10,519. C. Increase to income of $13,802. D. Decrease to income of $5293. E. Increase to income of $7906.
A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period? Unadjusted Trial Balance Adjustments Debit Credit Debit CreditCash1,975 Accounts receivable1,000 875 Prepaid insurance1,600 650Supplies330 115Equipment8,320 Accumulated depreciation-equipment 720 190Accounts payable 1,140 Owner, Capital 9,110 Owner, Withdrawals1,050 Fees earned 7,250 875Rent expense1,300 Salaries expense2,300 Utilities expense345 Insurance expense 650 Supplies expense 115 Depreciation expense-equipment 190 Totals18,220 18,220 1,830 1,830
A. $3,225. B. $2,350. C. $4,180. D. $3,305. E. $2,540.