Between 1986 and 1996, the standard deviation of the returns for the NYSE and the DJIA indexes were 0.10 and 0.09, respectively, and the covariance of these index returns was 0.000 . . What was the correlation coefficient between the two market indicators?
a. .1000
b. .1100
c. .1258
d. .1322
e. .1164
A
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On January 1, 2015, Flaggler Company's balance in retained earnings was $70,000 . During 2015, the company earned net income of $43,000 and paid $15,000 in dividends. Calculate the retained earnings balance at December 31, 2015
a. $42,000 b. $90,000 c. $98,000 d. $113,000
The Leontief paradox
a. supported the factor-endowment theory. b. concluded that exports were less capital intensive than import-competing goods. c. found that national income differences underlie world trade patterns. d. implied that diseconomies of scale occur at low output levels.
Complete the following table to compare and contrast financial and managerial accounting.
What will be an ideal response?
By __________, managers help shape the legal environment in which they do business
a. lobbying legislators b. forming coalitions c. refusing to follow laws viewed as unneeded by company officials d. lobbying legislators, forming coalitions, and but not by refusing to follow laws viewed as unneeded by company officials