According to the Capital Asset Pricing Model, a stock's risk premium is the:

A) price premium on low risk stocks that investors buy for safety.
B) risk premium on an average stock factored by a measure of the stock's market risk.
C) risk premium on an average stock factored by a measure of the stock's total risk.
D) extra money paid for high risk stocks because of their high average returns.


B

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What federal agency administers and regulates the testing, manufacture, and sale of foods and drugs?

A) FDA B) SEC C) EEOC D) EPA

Business

The duty of fair representation is a judicially created obligation on the part of the union to represent fairly all employees in the:

a. hiring hall. b. bargaining unit. c. captive-audience speeches. d. closed shop.

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Nations forming unions, such as the EU, that allow free exchange of resources and capital are examples of the political and legal forces in the environment.

Answer the following statement true (T) or false (F)

Business

Excerpts from Colter Corporation's most recent balance sheet appear below: Year 2Year 1Current assets:      Cash$90 $120 Accounts receivable, net 100  110 Inventory 170  160 Prepaid expenses 40  40 Total current assets 400  430 Total current liabilities$320 $290 Sales on account in Year 2 amounted to $1,210 and the cost of goods sold was $720.The working capital at the end of Year 2 is:

A. $400 B. $770 C. $80 D. $850

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