Nearly all reporting tasks use secondary data
Indicate whether the statement is true or false
True
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Which of the following is not one of the powers afforded to safety inspectors:
a. to undertake examinations and investigation to ascertain risks to health and safety b. to test or take possession of any article or substance which appears likely to cause danger c. to inspect organisational documents d. to arrest those in contravention of health and safety legislation
The current expected value of a stock is $32. If investors demand a higher rate of return of 10 percent instead of the 8 percent rate of return, what will the impact on the stock price of the firm be?
A. The stock price will increase by 10 percent. B. The stock price will not be affected by the change in the rate of return. C. The stock price will increase to $35. D. The stock price will reduce to zero. E. The stock price will decrease as a result of the higher rate of return demanded by investors.
Niagara Art is a new business
During its first year of operations, credit sales were $41,000 and collections of credit sales were $37,000. One account, $700, was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. Bad debts expense for the first year of operations is ________. A) $120 B) $820 C) $700 D) $1,560
Gompers (1996) argued that smaller, younger VCs often bring their firms public earlier in order to establish a reputation and therefore attract additional capital in the future. He refers to such self-serving behavior on the part of a VC as
a. grandstanding. b. boasting. c. reputation building. d. repugnant.