Equity valuation models based on dividends, cash flows, and earnings have been the topic of many theoretical and empirical research studies in recent years. All of the following are true regarding these studies except:
a. share prices in the capital markets generally correlate closely with share value
b. share prices do not always equal share values
c. temporary deviations of price from value occur
d. unexpected changes in earnings, dividends, and cash flows do not correlate closely
with changes in stock prices
D
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Many of the tactics of distributive bargaining and integrative negotiation are ________ tactics-tactics used to exert influence over the other party in the service of achieving the best deal, most commonly only for the self.
Fill in the blank(s) with the appropriate word(s).
When a preferred supplier does not exist, competitive bidding and negotiation are two methods commonly used for final supplier selection
Indicate whether the statement is true or false.
One type of simulation program made popular by the widespread use of personal computers is called ________
A) Monaco Simulation B) Lemans Simulation C) Cannes Simulation D) Monte Carlo Simulation
Ronda Manufacturing Corporation uses a standard cost system with machine-hours as the activity base for overhead. Last year, Ronda incurred $840,000 of fixed manufacturing overhead and generated a $42,000 favorable fixed manufacturing overhead budget variance. The following data relate to last year's operations: Denominator activity level in machine-hours21,000Standard machine-hours allowed for actual output20,000Actual number of machine-hours incurred22,050?What amount of total fixed manufacturing overhead cost did Ronda apply to production last year?
A. $926,100 B. $837,900 C. $972,405 D. $840,000