Which of the following partnership characteristics is an advantage?
A) Mutual agency
B) Ease of dissolution
C) Unlimited liability
D) Limited life
B
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A culture that focuses on self-improvement and personal achievement is
A) individualist B) linguistic C) collectivist D) optimistic
If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227, how should this error be treated on the bank reconciliation?
A. Add $45 to the book balance. B. Add $45 to the bank's balance. C. Subtract $45 from the bank's balance and add $45 to the book's balance. D. Subtract $45 from the book balance. E. Subtract $45 from the bank's balance.
Morris Pickel is a geologist he has added a device to an existing thermal measuring instrument. Because of the sensitivity of the device, it picks up data not previously recorded
A computer program built into the device then analyzes the data, allowing scientists to predict the timing of volcanoes. Can Morris obtain a patent for this device? A) No. Computer programs cannot be patented in Canada. B) No. Morris's invention, while useful and ingenious, is not new. C) Yes. The device as a whole, including the computer program, can be patented. D) No. The computer program is not integral to the device. E) No, but he can register the computer chip under the Integrated Circuit Topography Act.
If Geek Computer has a beta of 1.1, the return from Treasury bills is 3% and the return from the market portfolio is 20%, what is the required return from Geek stock?
A) 20.0% B) 22.8% C) 15.7% D) 18.7% E) 21.7%