Which of the following sell beneficial shares that are traded in the stock markets and thereby permit small investors to invest in a diversified portfolio of real estate?
a. Real estate investment trusts
b. Real estate mutual funds
c. Land diversification trusts
d. Investment land diversifications
a
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The original depreciation or amortization schedule for long-lived assets sometimes requires changing. Which of the following is/are not true?
a. Each period a firm must evaluate its estimates of service life and assess if these estimates require changing in light of new information. b. Each period a firm must evaluate its estimates of salvage value and assess if these estimates require changing in light of new information. c. The firm makes no adjustment for the inaccurate estimates but spreads the remaining carrying value less the new estimate of salvage value over the new estimate of the remaining service life of the asset. d. If changing from the old estimates to the new estimates would have a material impact, the firm must change the depreciation or amortization schedule retroactively. e. none of the above
Cost accounting information is helpful to management for pricing decisions but has no effect on controlling costs.
Answer the following statement true (T) or false (F)
Under the Equal-Dignity rule, if a self-executing treaty conflicts with an existing statute:
a. the statute prevails. b. the treaty prevails. c. the Supreme Court must decide which will prevail. d. both remain in force and solutions will be given on a case-by-case basis.
Cooley Company's stock has a beta of 1.28, the risk-free rate is 2.25%, and the market risk premium is 5.50%. What is the firm's required rate of return? Do not round your intermediate calculations.
A. 9.29% B. 9.94% C. 10.96% D. 8.55% E. 11.52%