Generally, the lower the number of days' sales in inventory, the better

Indicate whether the statement is true or false


True

Business

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The blind copy of the purchase order that goes to the receiving department contains no item descriptions

Indicate whether the statement is true or false

Business

Convenience for the customer is seldom a factor for manufacturers when choosing a retail partner.

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

Business

Stock A has an expected return of 10% and a standard deviation of 10%. Stock B has an expected return of 15% and a standard deviation of 20%. The two stocks are perfectly negatively correlated ( = -1)

What set of weights yields a portfolio with a zero variance? A) 2/3 in Stock A; 1/3 in Stock B B) 2/3 in Stock B; 1/3 in Stock A C) 2 in Stock A; -1 in Stock B D) 2 in Stock B; -1 in Stock A E) None of the above.

Business

Securities offerings on the Internet are:

a. prohibited by the SEC unless secondary to a regular offering b. permitted by the Capital Markets Efficiency Act but are not common c. permitted by the Capital Markets Efficiency Act, which preempts normal regulatory rules d. not subject to any controls because they evade the rules of the securities acts e. none of the other choices

Business