Speedy has net income of $30,955, and assets at the beginning of the year of $212,000. Assets at the end of the year total $258,000. Compute its return on assets.
A. 16.7%.
B. 14.6%.
C. 12.0%.
D. 13.2%.
E. 10.6%.
Answer: D
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Suppose Stan holds a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.25. Now suppose Stan decided to sell one of his stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.35. What would the portfolio's new beta be?
A. 1.17 B. 1.23 C. 1.29 D. 1.36 E. 1.43
The management function most often confused with public relations is:
A. Advertising D. Marketing B. Lobbying E. Development C. Personnel
Which of the following sampling methods does not lead to probability samples?
A. Stratified sampling B. Cluster sampling C. Systematic sampling D. Convenience sampling
Bob Silver loves playing a game called World of Warcraft where he has the capability to create his own character and even his own life-like environment. Which AI system would you categorize World of Warcraft?
A. Fuzzy logic system B. Expert system C. Virtual reality D. Multi-agent system