During 2010, Heckart Corporation had sales of $250,000, net income of $25,000, average total assets of $350,000, dividend payments of $17,500, net cash flows from operating activities of $37,500, purchases of plant assets of $37,500, and sales of plant assets of $45,000 . Cash flow yield equals (Round amounts to one decimal place)
a. 2.1 times.
b. 1.5 times.
c. 3.0 times.
d. 1.9 times.
B
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The larger the sample, the more ________ you have when you generalize your sample findings to the population facts
A) error B) precision C) parameters D) means E) weight
A zero coupon bond is a bond that:
A) has no risk. B) pays no periodic interest. C) offers no price appreciation. D) is never redeemed.
Which of the following is a difference between inflation and deflation?
A. The Federal Reserve buys government securities when inflation is a concern, whereas the Federal Reserve sells government securities when deflation is a concern. B. Inflation increases the unemployment rate, whereas deflation decreases the unemployment rate. C. A high level of inflation is bad for the economy, whereas a high level of deflation signifies a healthy economy. D. Inflation is a period of rising average prices across an economy, whereas deflation is a period of falling average prices across the economy.
A person making less than the cutoff rate for Social Security pays 6.2% of his income in Social
Security taxes. Indicate whether the statement is true or false