A short position refers to
A)
inadequate margin in a margin account.
B)
securities you have sold but do not own.
C)
an order to sell stock at a price below its current market price.
D)
securities you purchased but have not yet taken delivery of the shares.
B
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If the only information you are given about Ryan Corporation, a large public company in business for many years, is that it has a current ratio of 2.9, what could you infer from this?
A) It can meet the short-term obligations without any difficulty. B) You could determine that Ryan has a liquidity problem because Ryan's current ratio is greater than 2 which is the rule of thumb for the current ratio. C) Nothing, you would also need the current ratio's from the last few years of the S&P 500 Index. D) You could determine that Ryan has an activity problem because Ryan's current ratio is greater than 2 which is the rule of thumb for the current ratio.
An example of a federal crime is transportation of harmful drugs across state lines
Indicate whether the statement is true or false
Leaders of decision-making groups should
A. discourage cognitive conflict. B. encourage groupthink. C. dominate the discussion. D. ask for members' opinions. E. help the group satisfice.
The controller of Hendershot Corporation estimates the amount of materials handling overhead cost that should be allocated to the company's two products using the data that are given below: Wall MirrorsSpecialty WindowsTotal expected units produced11,700?1520?Total expected material moves1170?1420?Expected direct labor-hours per unit14?14?The total materials handling cost for the year is expected to be $16,663.30.If the materials handling cost is allocated on the basis of direct labor-hours, the total materials handling cost allocated to the wall mirrors is closest to: (Round your intermediate calculations to 4 decimal places.)
A. $14,742 B. $9581 C. $7932 D. $12,909