Just 2 months after you put money into an investment, its price falls 25%. Assuming that none of the investment fundamentals have changed, which of the following actions would evidence the greatest risk tolerance?

A. You sell to avoid further worry and buy something else.
B. You do nothing and wait for the investment to come back.
C. You buy more, thinking that if it was a good investment before, now it's not only good but cheap too.
D. You sue your financial adviser.


C. You buy more, thinking that if it was a good investment before, now it's not only good but cheap too.

Business

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One challenge in a screening interview is to keep your answers short while distinguishing yourself from other candidates

Indicate whether the statement is true or false.

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Digital analysis is:

a. the art of analyzing the digits that make up numbers like invoice amounts, reported hours, and costs. b. a technique which calculates the average probability for each grouping of data. c. the searching for expected relationships between numbers. d. the use of numeric values for decision making.

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What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet as per the periodic FIFO inventory costing method?

Samson Company had the following balances and transactions during 2019:


A) $564
B) $600
C) $1,880
D) $900

Business

Under the direct method, cash paid to suppliers can be computed as cost of goods sold for the period

a. minus a decrease in inventory and plus an increase in accounts payable. b. plus a decrease in inventory and minus an increase in accounts payable. c. minus an increase in inventory and plus an increase in accounts payable. d. plus an increase in inventory and minus an increase in accounts

Business