In investment models, a useful approach for generating future returns and inflation factors from historical data is:

a. the NPV approach
b. the scenario approach
c. the averaging approach
d. the trend analysis approach
e. none of these choices


b

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Grantly Seafood is a calendar year taxpayer. In 2019, a hurricane destroyed three of Grantly's fishing boats with a $784,500 aggregate adjusted tax basis. On October 12, 2019, Grantly received a $1 million reimbursement from its insurance company. On May 19, 2020, Grantly purchased a new fishing boat for $750,000. Compute Grantly's recognized gain or loss on the involuntary conversion and its tax basis in the new boat.

A. $215,500 recognized gain; $750,000 basis in the boat B. $250,000 recognized gain; $784,500 basis in the boat C. $250,000 recognized gain; $750,000 basis in the boat D. None of the above

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Which of the following information of the corporation can a shareholder obtain by right?

A) The original accounting books and records that support the financial statements. B) The salary and bonus of the president of the corporation C) Research regarding new product development D) Both A and B E) None of the above

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Return on total assets is computed by dividing ________ by ________.

What will be an ideal response?

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Rachel gives Karen a good rating in a performance appraisal because Karen once handled a difficult customer by empathizing with him. Since that incident, Rachel believes that Karen is the smartest and most efficient employee in the organization. Even though Karen has multiple positive attributes to her personality, Rachel makes an overall impression of Karen based on her quality of empathy. This is an example of the

A. decoy effect. B. halo effect. C. contrast effect. D. bandwagon effect.

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