Answer the following statements true (T) or false (F)
Empirical research shows that prices of publicly traded securities react slowly and in an erratic manner to new information.
ANSWER: F
You might also like to view...
Which of the following general attitude functions is most closely related to the basic principles of reward and punishment?
A) Utilitarian function B) Value-expressive function C) Ego-defensive function D) Knowledge function
A union dominated by an employer may never again represent the employees. This statement refers to ________ of the union
A) decertification B) debasement C) disengagement D) disestablishment
The Procter & Gamble diversity mission statement "Everyone valued, everyone included, everyone performing at their peak" expresses the fact that diversity
A) tends to spread good feelings, and thus has a net positive effect. B) may be beneficial to a company's image with the public at large. C) might be a risky proposition, but is nevertheless the best policy. D) can, if managed well, give an organization a competitive advantage. E) is a fact of life and, thanks to a number of laws, is simply good business.
Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base. Year 2 Year 1 Net sales$292,600? $244,200? Cost of goods sold 156,400? 129,980? Operating expenses 56,890? 54,830? Net earnings 28,660? 20,410?
A. 119.8% for Year 2 and 100.0% for Year 1. B. 19.4% for Year 2 and 22.5% for Year 1. C. 53.5% for Year 2 and 53.2% for Year 1. D. 34.0% for Year 2 and 30.8% for Year 1. E. 23.3% for Year 2 and 15.7% for Year 1.