Chance events play a role in shaping the competitive environment. Chance events are occurrences which include all of the following except:
A) major technological breakthroughs.
B) wars and their aftermath.
C) oil crisis.
D) currency fluctuations.
E) annual business meeting.
E
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Commerce & Business Insurance, Inc, has a valid reason to cancel a policy issued to DIY Auto & Truck Parts Company. In most states, Commerce & Business could cancel the policy
a. on advance oral or written notice. b. on oral or written notice but only after arbitration. c. without notice. d. on advance written—not oral—notice.
A share of preferred stock that pays the same annual dividend forever is an example of a
perpetuity. Indicate whether the statement is true or false
An increase in the beta of a corporation, all else being the same, indicates ________
A) a decrease in risk, a higher required rate of return, and hence a lower share price B) an increase in risk, a higher required rate of return, and hence a lower share price C) a decrease in risk, a lower required rate of return, and hence a higher share price D) an increase in risk, a lower required rate of return, and hence a higher share price
Accumulated Depreciation, Equipment, is shown as:
A. an addition to assets on the Balance Sheet. B. an addition to expenses on the Income Statement. C. a deduction of Capital on the Statement of Owner's Equity. D. a deduction from assets on the Balance Sheet.