Which of the following should be an entrepreneur's last step in external analysis?
A. Defining the customers
B. Understanding the competitive advantage
C. Identifying competitors within the industry
D. Developing competitive maps
Answer: B
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Olson Corporation has a beta coefficient of 1.5 at a debt/assets ratio equal to 40 percent. The risk-free rate of return, rRF, is 5 percent and the market return, rM, is 9 percent. Based on the capital asset pricing model (CAPM), what is Olson's required rate of return on its common equity?
A. 18.5% B. 13.5% C. 11.0% D. 15.0% E. 6.0%
Which of the following is not a boundaryless organizational design?
A. modular B. matrix C. barrier-free D. virtual
Helen receives stock worth $1,000 from her grandfather as a graduation gift in the current year (her grandfather paid $100 for the stock many years ago). During the current year, she receives a $100 cash dividend on the stock. Helen is not taxed on the value of the stock received in the current year, but she must include the $100 cash dividend in her current-year gross income. Which of the following form(s) the basis for this treatment? I.Capital recovery conceptII.Legislative grace conceptIII.All-inclusive income conceptIV.Constructive receipt doctrine?
A. Statements II and III are correct. B. Statements I and IV are correct. C. Statements II, III, and IV are correct. D. Statements II and IV are correct. E. Only statement I is correct.
There are two types of random variables, they are:
a. discrete and continuous b. exhaustive and mutually exclusive c. complementary and cumulative d. real and unreal