The beginning share price for a security over a three-year period was $50. Subsequent year-end prices were $62, $58 and $64. The arithmetic average annual rate of return and the geometric average annual rate of return for this stock was:
A) 9.30% and 8.58% respectively.
B) 9.30% and 7.89% respectively.
C) 9.30% and 7.03% respectively.
D) 9.30% and 6.37% respectively.
Answer: A
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When foreign currencies can buy more U.S. dollars,
A. American consumers will buy in large quantities and stockpile in fear of an impending economic crisis. B. U.S. products are less expensive to foreign customers. C. economists consider it an indicator of an impending long-term economic upturn. D. U.S. products are more expensive to foreign customers. E. U.S. products are more expensive to U.S. customers.
All of the following are true about OSHA, except:
A) that it promotes a safe working environment for all U.S. workers B) that it encourages employers to remove all recognized hazards from the work environment C) that it provides for heavy fines for employer noncompliance with standards D) that it is directly responsible for reducing worker turnover
Which of the following events would be material for purposes of 10b and disclosure?
A) A pending merger B) Not meeting quarterly earnings expectations C) Product liability lawsuit D) a and c only E)All of the above
The final step in strategy implementation is to
A. implement the plan. B. develop a mission statement. C. define strategic tasks. D. develop an implementation agenda. E. assess organization capabilities.