In an efficient market, the only means of achieving high returns is to invest in high-risk securities
Indicate whether the statement is true or false.
Answer: TRUE
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All of the factors listed below favor the use of probability sampling except (Table 11.5 in the text) ________
A) nonsampling errors are likely to be an important factor B) the nature of the research is conclusive C) the population is heterogeneous with respect to variables of interest D) highly accurate estimates of population characteristics are required
On the statement of cash flows prepared by the indirect method, the cash flows from operating activities section would include
A) receipts from the sale of investments B) amortization of premium on bonds payable C) payments for cash dividends D) receipts from the issuance of capital stock
At the beginning of the year, Calvin paid $5,000 for 60 shares of Eddington stock. In June, he received a $300 cash distribution with respect to the stock. His Form 1099-DIV reported that $170 was an ordinary dividend and $130 was nontaxable. Compute Calvin's tax basis in his 60 shares at year-end.
A. $4,870 B. $4,830 C. $5,000 D. $4,700
A need-satisfaction presentation refers to a presentation format that
A. consists of information that must be provided in an accurate, thorough, and step-by-step manner to inform the prospect. B. uses computer, information, communication, and Internet technologies to make the sales presentation more effectively and efficiently. C. builds ties to customers based on a salesperson's attention and commitment to customer needs. D. assumes that given the appropriate stimulus by a salesperson, the prospect will buy. E. emphasizes probing and listening by the salesperson to identify needs and interests of prospective buyers.