The correlation coefficient will always take values
a. greater than 0.
b. between –1 and 0.
c. between –1 and +1.
d. less than –1.
C
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Which of the following statements is true of starting a business from scratch?
A. It ishard to get credit from both lenders and suppliers. B. It results in high overhead costs. C. The ongoing percent-of-sales royalty fee can be very high. D. There is no scope for creativity.
You plan to invest in one of two home delivery pizza companies, High and Low, that were recently founded and are about to commence operations. They are identical except for their use of debt (wd) and the interest rates on their debt--High uses more debt and thus must pay a higher interest rate. Based on the data given below, how much higher or lower will High's expected EPS be versus that of Low, i.e., what is EPSHigh- EPSLow? Do not round your intermediate calculations. Applicable to Both Firms Firm High's Data Firm Low's DataCapital$3,000,000 wd70% wd20%EBIT$565,000 Shares90,000 Shares240,000Tax rate35% Int. rate12% Int. rate10%?
A. $01.16 B. $00.67 C. $01.07 D. $00.80 E. $00.89
A self-audit will increase EPA penalties for a company that conducts it
Indicate whether the statement is true or false
Little Corporation uses the accrual method of accounting. Little's sole shareholder, Renee, uses the cash method of accounting. Both taxpayers use the calendar year as their tax year. The corporation accrues a $25,000 interest payment to Renee on December 25, 2011 and makes the payment on March 10, 2012. What are the tax consequences of the transactions to both taxpayers in 2011 and 2012?
What will be an ideal response?