The required rate of return estimated by the Capital Asset Pricing Model is not suitable for use in dividend valuation models
Indicate whether the statement is true or false.
Answer: FALSE
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An expert system can increase efficiency by enabling more highly skilled employees to do work that otherwise would require many less-skilled employees.
Answer the following statement true (T) or false (F)
For the year ended December 31, a company had revenues of $189,000 and expenses of $113,400. $37,800 in dividends were paid during the year. Which of the following entries could not be a closing entry?
A. Debit Income Summary $75,600; credit Retained earnings $75,600. B. Debit Income Summary $113,400, credit expenses $113,400. C. Debit Retained earnings $37,800; credit Dividends $37,800. D. Debit revenues $189,000; credit Income Summary $189,000. E. Debit Income Summary $189,000; credit revenues $189,000.
Justin opened a physical therapy business in a new location and hired two well-known therapists. Once the business was up and running, Justin began work on launching a restaurant in a neighboring town. With Justin at the restaurant most days, the physical therapy business began to flounder. Which startup failure was represented in this scenario?
a. uncertainty b. process inadequacy c. inattention d. deviance
A bank that is examining the ratio of annual costs of goods sold to average inventory, is examining which category of ratios?
A. Expense control measures B. Operating efficiency measures C. Coverage measures D. Liquidity measures E. Leverage measures