Which of the following are reasons to consider selling an investment that is currently in a portfolio?

I. The investment has met the original objective.
II. Better investment opportunities currently exist.
III. The outlook for the investment has improved.
IV. The investment has not met expectations and no change is expected.

A) I, II and IV only
B) I, III and IV only
C) I, II and III only
D) I, II, III and IV


Answer: A

Business

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Consider Table 11.1. If one were to sell dollars for immediate delivery, on Tuesday the pound cost of each dollar would be

a. .7008 pounds per dollar. b. .7037 pounds per dollar. c. 1.4270 pounds per dollar. d. 1.4211 pounds per dollar.

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In which section of the financial statements would Paid­In Capital from Sale of Treasury Stock be reported?

a. other expense on income statement b. intangible asset on the balance sheet c. stockholders' equity on balance sheet d. other income on income statement

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Situational leadership generally represents a ______.

a. reactive, short-term approach to effective leadership b. long-term approach to effective leadership c. leadership approach oriented to change d. leader-focused approach to leadership

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Which of the following is when information is shared with the public through marketing and public relations efforts?

A. external communication B. upward communication C. internal communication D. lateral communication

Business