If a given investor believes that a stock's expected return exceeds its required return, then the investor most likely believes that
A. the stock is experiencing supernormal growth.
B. the stock should be sold.
C. the stock is a good buy.
D. management is probably not trying to maximize the price per share.
E. dividends are not likely to be declared.
Answer: C
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An effective materials-handling system:
a. increases the number of stages and participants in the supply chain. b. moves inventory into, within, and out of a warehouse quickly with minimal handling. c. helps firms maintain their inventory at the highest levels possible. d. enables firms to increase the number of people handling their raw materials, supplies, and components.
Colton has analyzed his purpose and his audience and has considered how he will adapt his message to meet his audience's needs. What should he do next according to the 3-x-3 writing process?
A) Collect data and organize it. B) Start writing his final draft. C) Edit what he's done so far. D) Call audience members to confirm his approach.
Which of the following statements concerning IRS audits is false?
A) In an administrative audit, your files are reviewed before an administrative law judge. B) In a field audit, the IRS visits your premises to examine your return. C) In an office audit, you visit the IRS office. D) In a self audit, the IRS asks you to examine the appropriateness of an item on your return.
Professions such as medicine and journalism have:
a. written codes of ethics that apply to the work they do. b. unwritten codes of conduct that apply to the work they do. c. policies against respecting individual property rights. d. None of the answers are correct.