Explain how many technology investors in the late 1990s could have avoided great losses if they had simply followed the simple rules of the SSG.
What will be an ideal response?
In the late 1990s, many companies that provided a service on the Internet became very popular with investors. However, most of these companies had only a one- or two-year operating record and no net profits. Many investors got caught up in the emotions of the time with these companies and bid them up to artificially high price levels. By purchasing brand new companies with no earnings records, large numbers of people lost significant percentages of their portfolios. If they had followed the simple rules of the SSG, they would have avoided these small speculative companies.
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A. fixed and flexible B. temporary and durable C. agile and synchronous D. lean and durable
Which of the following transactions would increase a firm's current ratio?
a. Purchase of inventory on account b. Payment of accounts payable c. Collection of accounts receivable d. Purchase of temporary investments for cash
List three reasons why service department costs should be allocated to production and explain the difference between the direct method and the step-down method of allocating service costs
Which of the following is not a passive sentence?
A) The expense report will be prepared by Tony's supervisor. B) My supervisor submitted the expense report on Tuesday. C) Ten complaints have been received by headquarters staff. D) If the power goes out, flashlights will be distributed by the supervisor. E) Last night's power outage was described as responsible for the decrease in production.