Most values of a standard normal distribution lie between:
a. 0 and 1
b. -3 and 3
c. 0 and 3
d. minus infinity and plus infinity
B
You might also like to view...
Calculate the following financial ratios for the Hokie Corporation using the information given in Table 4 and 2014 information
Table 4 Hokie Corporation Comparative Balance Sheet For the Years Ending March 31, 2013 and 2014 (Millions of Dollars) Assets 2013 2014 Current assets: Cash $2 $10 Accounts receivable 16 10 Inventory 22 26 Total current assets $40 $46 Gross fixed assets: $120 $124 Less accumulated depreciation 60 64 Net fixed assets 60 60 Total assets $100 $106 Liabilities and Owners' Equity Current liabilities: Accounts payable $16 $18 Notes payable 10 10 Total current liabilities $26 $28 Long-term debt 20 18 Owners' equity: Common stock 40 40 Retained earnings 14 20 Total liabilities and owners' equity $100 $106 Hokie had net income of $26 million for 1996 and paid total cash dividends of $20 million to their common stockholders. current ratio acid test ratio debt ratio long-term debt to total capitalization return on total assets return on common equity
Which of the following is the most likely reason for a corporation to cut its dividend?
A) To keep the firm's price within its optimal range. B) Because the company believes that existing dividend levels are no longer sustainable. C) To make the firm more attractive to growth oriented investors. D) To shelter the shareholders from double taxation.
The nature of the electronically linked global foreign exchange market is leading to firms taking more time on decisions about buying and selling on the foreign exchange market.
Answer the following statement true (T) or false (F)
A project's average net income divided by its average book value is referred to as the project's average:
A. net present value. B. internal rate of return. C. accounting return. D. profitability index. E. payback period.