What is a noncontrolling interest in a consolidated subsidiary?
Often, the parent does not own 100% of the voting stock of a consolidated subsidiary. The parent refers to the owners of the remaining shares of voting stock as a noncontrolling, or minority, interest. By virtue of their ownership of shares, these shareholders have provided a portion of the subsidiary's equity financing and have a claim to this portion of the net assets (total assets total liabilities) of the subsidiary and this portion of its earnings. The noncontrolling interest represents share ownership by others outside the consolidated group.
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According to critics, the Glass-Steagall Act:
A. encouraged rampant and harmful product promotion. B. impeded financial innovation. C. loosened government control over commodity pricing. D. led to risky competition.
Which of the following statements is CORRECT?
A. The beta of a portfolio of stocks is always smaller than the betas of any of the individual stocks. B. If you found a stock with a zero historical beta and held it as the only stock in your portfolio, you would by definition have a riskless portfolio. C. The beta coefficient of a stock is normally found by regressing past returns on a stock against past market returns. One could also construct a scatter diagram of returns on the stock versus those on the market, estimate the slope of the line of best fit, and use it as beta. However, this historical beta may differ from the beta that exists in the future. D. The beta of a portfolio of stocks is always larger than the betas of any of the individual stocks. E. It is theoretically possible for a stock to have a beta of 1.0. If a stock did have a beta of 1.0, then, at least in theory, its required rate of return would be equal to the risk-free (default-free) rate of return, rRF.
What are switching costs in e-commerce?
(a) They are the costs associated with setting up an Intranet. (b) They are the costs associated with starting an e-business. (c) They are the costs associated with switching associations between e-businesses. (d) They are the costs associated with switching Internet Service Providers.
Which Web Services standard provides an alternative to using a URL to find another Web Service?
A) XML B) UDDI C) WSDL D) TCP/IP