Viral marketing campaigns can utilize e-mails or blogs

Indicate whether the statement is true or false


TRUE

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The following table contains the five-year dividend history for Exxon Mobil Corporation.



a) Calculate the quarterly percentage change in the dividends, and the compound quarterly growth rate of the dividends using the GEOMEAN function.
b) Annualize the quarterly dividend growth rate and calculate the intrinsic value of the stock using a 12% required rate of return and the calculated annual growth rate. Use the sum of the most recent four dividends as D0. How does the calculated intrinsic value compare to the historical price of the stock of $80.60 on 7/18/2017?
c) Use the Goal Seek option to find the implicit required rate of return setting the price to $80.60 (the price of Exxon Mobil on 7/18/2017) by changing the required rate of return.

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VALS groups of consumers who are motivated by ________ are those who desire social or physical activity, variety, and risk.

A. success B. self-expression C. rewards D. ideals E. achievement

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The entry to close the Insurance Expense account at the end of the accounting period is to:

A) debit Retained Earnings and credit Prepaid Insurance B) debit Prepaid Insurance and credit Retained Earnings C) debit Insurance Expense and credit Retained Earnings D) debit Retained Earnings and credit Insurance Expense

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Extraordinary items are both unusual and infrequent in nature

Indicate whether the statement is true or false

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