For an investor who is retired, which category of stocks would be more appropriate for a portion of their portfolio?
A) Blue-chip stocks
B) Income stocks
C) Growth stocks
D) All of the above are correct.
E) Only A and B are correct.
Answer: E
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Preferred stock on which the claims for dividends may be accumulated from year to year is called
a. participating; b. nonparticipating; c. cumulative; d. noncumulative; e. preferred
Tony Chang gives good customers a cash discount of 1.5% on any amount that they pay within 5 days of the invoice date. An invoice for $1,890 was written on February 2 . The customer paid $900 on February 6 . Compute the amount that Tony must credit to his customer's account. (This problem involves the partial payment of an invoice within the discount period.)
The emergency room staff in Houston's largest hospital is pleasantly surprised when a four-day Fourth of July weekend brings in few accident victims for treatment. They know from experience that such public holidays usually have high rates of accidents. For the hospital's business office, the lower demand for the emergency room services means
A. its services can be separated from the staff. B. the hospital has idle production capacity. C. a break in the service continuum. D. an opportunity for gap analysis. E. its services are no longer tangible.
Which of the following is considered economic factors in location decisions?
A) Community attitudes B) Operating costs C) Transportation services D) Climatic conditions