Every financial market performs the following function:
A) It determines the level of interest rates.
B) It allows common stock to be traded.
C) It allows loans to be made.
D) It channels funds from lenders-savers to borrowers-spenders.
D
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The principal by-product of the norming stage of team development is
A. adjournment. B. uncertainty. C. group cohesiveness. D. conflict. E. empowerment.
Use this information to answer the following question. The following totals for the month of September were taken from the payroll register of Meadors Company: Salaries expense $24,000 Social Security and Medicare taxes withheld 1,100 Income taxes withheld 5,000 Medical insurance deductions 500 Life insurance deductions 400 Salaries subject to federal and state unemployment taxes of 6.2 percent
8,000 The entry to record the payment of net payroll would include a A) debit to Salaries Payable for $24,000. B) debit to Salaries Payable for $15,900. C) debit to Salaries Payable for $17,000. D) credit to Cash for $18,100.
Which of the following statements is CORRECT?
A. If you found a stock with a zero historical beta and held it as the only stock in your portfolio, you would by definition have a riskless portfolio. B. The beta coefficient of a stock is normally found by regressing past returns on a stock against past market returns. One could also construct a scatter diagram of returns on the stock versus those on the market, estimate the slope of the line of best fit, and use it as beta. However, this historical beta may differ from the beta that exists in the future. C. The beta of a portfolio of stocks is always larger than the betas of any of the individual stocks. D. It is theoretically possible for a stock to have a beta of 1.0. If a stock did have a beta of 1.0, then, at least in theory, its required rate of return would be equal to the risk-free (default-free) rate of return, rRF. E. The beta of a portfolio of stocks is always smaller than the betas of any of the individual stocks.
When Acme Global asked Tamera to relocate to the company’s newest foreign plant, it paid her a salary equal to what she was making in the United States and gave her an allowance for extra expenses. It appears Acme Global is using the ______ approach to expatriate compensation.
A. balance sheet B. split-pay C. negotiation D. localization