The grapevine never distorts information
Indicate whether the statement is true or false
F
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An equity security with systematic risk equal to the average amount of systematic risk of all equity securities in the market
a. has a market beta equal to one. b. should expect to earn the same rate of return as the average stock in the market portfolio. c. gives no insight into the risk premium of stock. d. Both a and b are correct.
Last year Snyder Company reported sales of $125,000 on its income statement. During the year, accounts receivable increased by $30,000 and accounts payable increased by $10,000. The company uses the direct method to determine the net cash flows from operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis would be:
A) $105,000. B) $115,000. C) $95,000. D) $145,000.
Capital market segmentation is a financial market imperfection caused mainly by government constraints, institutional practices, and investor perceptions. List and explain three imperfections
What will be an ideal response?
Gargiulo Company, a 90% owned subsidiary of Posito Corporation, transfers inventory to Posito at a 25% gross profit rate. The following data are available pertaining specifically to Posito's intra-entity purchases from Gargiulo. Gargiulo was acquired on January 1, 2017. 201720182019Purchases by Posito$8,000 $12,000 $15,000 Ending inventory on Posito's books 1,200 4,000 3,000 ??Assume the equity method is used. The following data are available pertaining to Gargiulo's income and dividends.? 201720182019Gargiulo's net income$70,000 $85,000 $94,000 Dividends paid by Gargiulo 10,000 10,000 15,000 ?For consolidation purposes, what amount would be debited to January 1 retained earnings for the 2017 consolidation worksheet entry with regard to the unrecognized
intra-entity gross profit remaining in ending inventory with respect to the 2017 intra-entity transfer of merchandise? A. $240. B. $1,600. C. $270. D. $300. E. $0.