What concept helped Robert Engle win the Nobel Prize for economics in 2003 and what was its basic tenant?
What will be an ideal response?
The ARCH model of price movements showed how volatility changed. While price movements are random, the volatility of a particular stock tends to cluster around high and low levels of volatility. High volatility was followed by high volatility and low volatility was followed by low volatility.
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Use the equation presented below to answer the question that follows: Cash = CL + LTL + CS + RE – NCCA – LTA where: CL = Current liabilities LTL = Long-term liabilities CS = Common stock RE = Retained earnings NCCA = Noncash current assets LTA = Long-term assets Which of the following activities results in a cash inflow?
a. Increases in noncash current assets (NCCA) b. Decreases in current liabilities (CL) c. Increases in common stock (CS) d. Decreases in retained earnings (RE)
________ can communicate relative location and other comparative information
A) Pie charts B) Pictographs C) Schematic figures and flow charts D) Geographic maps
Materials used by Jefferson Company in producing Division C's product are currently purchased from outside suppliers at a cost of $10 per unit. However, the same materials are available from Division A. Division A has unused capacity and can produce the materials needed by Division C at a variable cost of $8.50 per unit. A transfer price of $9.50 per unit is negotiated and 30,000 units of
material are transferred, with no reduction in Division A's current sales. How much would Division A's income from operations increase? A) $0 B) $90,000 C) $30,000 D) $60,000
The first unit produced in a process takes 480 hours. As the number of units produced doubles, production time decreases by 18%. Using the arithmetic approach, calculate the production time for the eighth unit.
a. 217 hours b. 146 hours c. 178 hours d. 265 hours