Answer the following statements true (T) or false (F)
The relationship between risk and return for diversified portfolios is modeled by the Security Market Line (SML).
ANSWER: F
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Members of ethnic and national minorities have also been frequently victims of _________.
a. White collar crime b. Discrimination c. Workplace violence d. Immigration raids
When a person’s message is contradictory (the nonverbal message contradicts the verbal message), the receiver usually:
a. Places more weight on the verbal message b. Places more weight on the nonverbal message c. Places equal weight between the verbal and nonverbal message d. Does not believe either message
If a cost must be arbitrarily allocated in order to be assigned to a particular segment, then that cost should be considered a common cost.
Answer the following statement true (T) or false (F)
Mountain View Co. buys back 3,000 shares of its $10 par value common stock from investors at $126 per share. This stock repurchase would be recorded with a debit to:
A. Treasury Stock and a credit to Cash for $378,000. B. Cash and a credit to Treasury Stock for $378,000. C. Treasury Stock for $30,000, a debit to Additional Paid-in Capital for $348,000, and a credit to Cash for $378,000. D. Treasury Stock and a credit to Cash for $30,000.