Which of the following commonly stated reasons for stock splits has the weakest empirical evidence in support?
A) To remain at or return to a preferred trading range
B) A signal to the market about expected continued strong performance
C) Increased liquidity
D) All of the above reasons have strong empirical evidence to support them.
Answer: C
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According to Schwartz, embeddedness is a cultural dimension that emphasizes ambition and curiosity
Indicate whether the statement is true or false
Under a modified wage plan, an employee working an eight-hour day earns $.50 for each finished unit and is guaranteed $20 per hour as a minimum wage. At what level should the daily quota be set?
a. 160 units b. 320 units c. 400 units d. 640 units
In an effort to maximize internal controls, the function of recording revenues and collecting cash is separated
A) to ensure that the employees are not overworked. B) to make it difficult to disburse cash payments from funds that were collected from cash receipts. C) to ensure that all revenues are recorded. D) to make it difficult for one person to embezzle cash collections.
Which of the following proposes that a small group of influencers are responsible for dissemination of information because they can modify the opinions of a large number of other people?
a. The social-object theory. b. Reputational capital. c. Media democratization. d. The two-step flow model of influence. e. Ad-equivalency value.