If economic conditions deteriorate, stock prices are likely to

A) increase.
B) decrease.
C) stay the same.
D) not be directly affected by changes in economic conditions.


Answer: B

Business

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Indicate whether this statement is true or false.

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Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:ExpenseBasis for allocation Amount RentSquare feet of floor space $24,000 AdvertisingAmount of dollar sales $30,000 AdministrativeNumber of employees $45,000  The following information is available for its three operating (sales) departments:Department Square Feet Dollar Sales Number of employees A 3,000 $280,000  6  B 3,400 $300,000  8  C 3,600 $420,000  10  Totals 10,000 $1,000,000  24  What is the total expense allocated to Department B?

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Answer the following statement true (T) or false (F)

Business