In weak-form efficient markets, current prices already reflect the price history and volume of the stock, as well as all available public information
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: In SEMI-STRONG-FORM efficient markets, current prices already reflect the price history and volume of the stock as well as all available public information.
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Border Company's cash account had a balance of $962 on August 31 . This included a bank deposit of $87 that was in transit on the 31st. The August 31 bank statement contained the following information: Bank Statement Balance $1,089 NSF check 16 Bank Service Charge 7 Collection of notes receivable 68 Border also had checks outstanding of $169 . What is Border's adjusted cash balance at August 31?
a. $ 920 b. $ 940 c. $1,007 d. $1,089
In a computer-based information system, which of the following duties needs to be separated?
a. program coding from program operations b. program operations from program maintenance c. program maintenance from program coding d. all of the above duties should be separated
The Everest Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,030,000. What is the profit margin?
A) 48.5% B) 7.8% C) 16.0% D) 4.3%
Waiting for a product is which type of flow?
a. Customer b. Information c. Material d. Work