Data that were collected previously for a different research study are known as ____________________ data.
Fill in the blank(s) with the appropriate word(s).
secondary
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Many states have enacted "lemon" laws providing rights to consumers who purchase cars that need an excessive number of repairs. Service departments at auto dealerships quickly figure out which new models are going to create problems and often what the problems will be. If you were the service manager at a dealership, what would you do to address service problems like these?
What will be an ideal response?
If the Fair Value Adjustment account for trading investments has a debit balance, ________
A) it is subtracted from the Fixed Asset account to determine carrying value B) it is subtracted from the Short-term Investment-Trading account to determine carrying value C) it is added to the Short-term Investment-Trading account to determine carrying value D) it is added to the Fixed Asset account to determine carrying value
Marble Corp. has a beta of 2.5 and a standard deviation of returns of 20%. The return on the market
portfolio is 15% and the risk-free rate is 4%. What is the risk premium on the market? A) 11% B) 5% C) 9.00% D) 6%
Myers (2000) recognizes three imperfect solutions to the basic contracting problem between diffuse shareholders and management. Which of the following is NOT one of these solutions?
a. dividends b. monitoring c. incentive compensation d. contingent shareholder intervention