Wendy purchased 800 shares of Genetics Stock at $3 per share on 1/1/12. Wendy sold the shares on
12/31/12 for $3.45. Genetics stock has a beta of 1.9, the risk-free rate of return is 4%, and the market
risk premium is 9%.
Wendy's holding period return is
A) 15.0%. B) 16.5%. C) 21.1%. D) 17.6%.
A
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In choosing a cause-related program, a company should focus on:
A) causes that employees are involved with B) local community causes C) causes that are not supported by the company's primary competitors D) causes that relate to the company's business
Which of the following would not be suggestive of a company recognizing sales too early?
a. large and volatile amounts of uncollectible accounts receivable b. excessive warranty expenditures c. large growth in accounts receivable d. unusually large amount of returned goods
A principal is not bound to contracts made by an apparent agency
Indicate whether the statement is true or false
As a general rule, a real estate broker may act for more than one person in a real property transaction without the knowledge of all parties to the transaction
a. True b. False Indicate whether the statement is true or false