JIT relies on a pull system to control finished good inventory
Indicate whether the statement is true or false
True
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If the exchange rate equals the ratio of price indexes in two countries, there is said to be
A. one price fits all. B. absolute purchasing-power parity. C. relative purchasing-power parity. D. interest-rate parity.
Two methods of estimating uncollectible receivables are ________.
A) the allowance method and the amortization method B) the aging-of-accounts-receivable method and the percent-of-sales method C) the gross-up method and the direct write-off method D) the direct write-off method and the percent-of-completion method
The difference between the issuing price of a debt or equity issue and the net proceeds of the issue received by the issuing firm is known as the _____.?
A. ?offering price B. ?flotation cost C. ?underwriter's spread D. ?bid price E. ?premium cost
Stock X and the "market" have had the following rates of returns over the past four years. Year Stock X Market 1 12.00% 13.80% 2 5.00% 1.65% 3 11.00% 13.70% 4 -7.00% -2.72% 62% of your portfolio is invested in Stock X and the remaining 38% is invested in Stock Y. The risk-free rate is 5.24% and the market risk premium is also 5.24%. You estimate that 14.11% is the required rate of return on your portfolio. What is the beta of Stock Y?
A. 2.76 B. 2.91 C. 2.88 D. 2.41 E. 2.82