An efficient market is one where ________
A) prices of stocks move up and down widely without apparent reason
B) prices of stocks remain low for long periods of time
C) prices of stocks are unaffected by market news
D) the price of a security is an unbiased estimate of its true value
D
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Which of the following is TRUE of skills giving by American companies?
a. Based on surveys, most very large companies have official volunteer-skills-giving programs for employees. b. Volunteering skills provides much more benefit to those in need than does financial giving. c. “Full day” volunteering is typically frowned upon by major companies. d. Large companies usually choose for employees the types of giving in which they will participate.
Two things that all organizations have in common are a set of goals and information needed by managers.
Answer the following statement true (T) or false (F)
Marta purchased residential rental property for $600,000 on January 1, 1985. Total ACRS deductions for 1985 through the date of sale amounted to $600,000. If the straight-line method of depreciation had been used, depreciation would have been $600,000. The property is sold for $750,000 on January 1 of the current year. The amount and character of the gain is
A. $150,000 Sec. 1231 gain and $600,000 ordinary income. B. $750,000 ordinary gain due to Sec 1245. C. $750,000 Sec. 1231 gain. D. $750,000 ordinary gain due to Sec. 1250.
What is the importance of the date of record for a corporation that has declared dividends?
What will be an ideal response?