All of the following are true about a stationary time series except
a. Its statistical properties are independent of time.
b. A plot of the series will always exhibit a horizontal pattern.
c. The process generating the data has a constant mean
d. There is no variability in the time series over time.
D
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Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are $4,120 per year. The machine will have no salvage value at the end of its useful life of six years and the required rate of return for Laws Corporation is 12%. The machine's internal rate of return is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. 18% B. 12% C. 16% D. 14%
At origination which of the following temporary differences would create a deferred tax asset?
a. Tax basis of an asset exceeds its financial reporting basis. b. Tax basis of a liability exceeds its financial reporting basis. c. Financial reporting basis of an asset is equal to its tax basis. d. Financial reporting basis of an asset exceeds its tax basis.
Pablo complained that it took some time to locate a distributor of an imported light bulb that he had to replace. He was further annoyed that he had to pay an artificially high price. When asked for his opinion, Pablo would probably argue
A. against trade restrictions. B. for the trade deficit. C. for exports. D. for tourism. E. against international free trade associations.
________ is a wireless protocol designed for transmitting data over short distances, replacing cables.
A. Bluetooth B. 802.5 C. IPv6 D. PaaS E. IPv4