Which of the following statements regarding real estate investments is true?
A. Real estate investments move in tandem with stocks.
B. Adding real estate to your stock portfolio increases investment diversity.
C. Real estate is an asset with high liquidity.
D. Real estate investments have less scope for financial leverage.
E. Real estate investments cannot depreciate.
Answer: B
You might also like to view...
To be able to claim loss, those who have an insurable interest in property must have that interest:
A. at the time the loss occurs. B. at the time the policy was issued. C. throughout the term of the policy. D. before the loss occurs.
A brand ______ describes customers’ expectations.
A. equity B. promise C. attribute D. response
Selected data from Carson Corporation's financial statements for the year ended December 31, Year 2 are as follows. Current ratio 1.4 Quick ratio 0.86 Current liabilities $450,000 Accounts receivable turnover 6.0 Merchandise inventory turnover 4.0 Rate of return on assets 6.5% Selected Account Balances at December 31, Year 1: Accounts receivable $355,000 Merchandise inventory 190,000 Year 2
Operations Sales $1,241,000 Cost of goods sold 800,000 Assuming that prepaid expenses are immaterial, ending merchandise inventory at December 31, Year 2 is a. $180,000 b. $210,000 c. $220,000 d. $240,000 e. $260,000
Abel Company provided the following information from its financial records: Net income$255,000? Common shares outstanding 1/1 350,000? Common stock dividends$21,000? Common shares outstanding 12/31 410,000? Preferred stock dividends$25,500? Preferred shares outstanding 1/1 21,000? Sales$910,000? Preferred shares outstanding 12/31 17,000? What is the amount of the company's earnings per share?
A. $0.67 B. $0.60 C. $0.74 D. $28.02