All other things held constant, the present value of a given annual annuity increases as the number of periods per year increases.
Answer the following statement true (T) or false (F)
False
Rationale: One could make up an example and see that the statement is false. Alternatively, one could simply recognize that the PV of an annuity declines as the discount rate increases and recognize that more frequent compounding increases the effective rate.
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Entering false financial information on bankruptcy petitions and schedules occurs in approximately what perscent of bankruptcy cases?
a. 10 percent b. 30 percent c. 50 percent d. 70 percent
What is the purpose of a market tracking study?
A) to measure some variable of interest, such as market share or unit sales over time B) to determine if consumers switched brands from one time period to the next C) to determine the relationship between several variables D) to search for and interpret existing information relevant to the research problem E) to track causality
Explain how inertia gets in the way of proactive change.
What will be an ideal response?
Firms with convertible preferred stock or other potentially dilutive securities outstanding
a. must present dual earnings-per-share amounts. b. calculate basic earnings per share by taking net income attributable to common stock and dividing by the average number of common shares outstanding during the period. c. calculate diluted earnings per share when a firm has securities outstanding that, if exchanged for common stock would decrease basic earnings per share by 3 percent or more. d. all of the above e. none of the above