The probability of going from state 1 in period 2 to state 4 in period 3 is
a. p12
b. p23
c. p14
d. p43
C
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Jose runs a gallery that specializes in neon art with an emphasis on vacation icons like flamingos, dolphins, and palm trees. Since demand was high and supplies were low, he decided to buy an old warehouse and then hire craftspeople to work there in order to produce the art. He would provide them with all of the supplies they needed, and he would be their only customer. Jose engaged in
A. market penetration. B. market expansion. C. co-operative buying. D. vertical integration. E. horizontal integration.
The ratio of sales to investment is termed the rate of return on investment
Indicate whether the statement is true or false
In a 1976 discussion memorandum, the FASB defined the new entity approach to accounting for business combinations as a method which:
a. results in the assets and liabilities of the subsidiary being valued at market value at the time of acquisition, and the parent’s assets and liabilities being valued at book value. b. results in the assets and liabilities of the parent being valued at market value at the time of acquisition, and the subsidiary’s assets and liabilities being valued at book value. c. results in all entities’ assets and liabilities being revalued to market values at the time the combination originates. d. uses the book values of the combining companies.
Decentralized services keep shoppers with returns to process in the selling area
Indicate whether the statement is true or false