Because there are no income tax consequences arising from trading investments in a 401(k) plan, it is easy to be lured into market timing, which is generally unsuccessful
Indicate whether the statement is true or false.
TRUE
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In accordance with Human Rights Legislation, which of the following questions could an employer ask at a job interview?
A) Which political party do you currently support? B) Have you ever been fired from a job? C) Are you planning to start a family in the next year? D) Will you need special days off due to your religion? E) None of these questions should be asked at a job interview?
Which of the following statements related to U.S. GAAP and IFRS is incorrect?
A. Both U.S. GAAP and IFRS include guidance for adjusting entries. B. Both U.S. GAAP and IFRS prepare the same four financial statements. C. IFRS balance sheets normally present noncurrent items first. D. U.S. GAAP balance sheets report current items first. E. U.S. GAAP does not require items to be separated by current and noncurrent classifications on the balance sheet.
One major requirement of the adversary system is that the aggrieved party not merely an observer, must be the one to initiate and pursue available legal remedies
Indicate whether the statement is true or false
Assume that the average firm in your company's industry is expected to grow at a constant rate of 5%, and its dividend yield is 4%
Your company is about as risky as the average firm in the industry, but it has just developed a line of innovative new products which leads to expect that its earnings and dividends will grow at a rate of 40% this year and 25% the following year, after which growth should match the 5% industry average rate. The last dividend paid was $2. What is the value per share of your firm's stock? A) $42.60 B) $82.85 C) $91.88 D) $101.15 E) $110.37