To reduce risk, you should look for assets with highly positively correlated related returns

Indicate whether the statement is true or false


FALSE

Business

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Global Inc had net income for 2015 of $24,000 . It declared and paid a $13,000 cash dividend in 2015 . If the company's retained earnings for the end of the year was $39,600, what was the company's retained earnings balance at the beginning of 2015?

a. $28,600 b. $50,600 c. $76,600 d. $2,600

Business

The following budget information is available for the Arch Company for January Year 2: Sales$860,000 Cost of goods sold 540,000 Utilities expense 2,800 Administrative salaries 100,000 Sales commissions 5% of SalesAdvertising 20,000 Depreciation on store equipment 50,000 Rent on administration building 60,000 Miscellaneous administrative expenses 10,000  All operating expenses are paid in cash in the month incurred. Compute total budgeted selling and administrative expenses (excluding interest) amount for January Year 2.

A. $262,500 B. $240,000 C. $283,000 D. $285,800

Business

Which of the following is true of quantitative research?

A) It is sometimes referred to as "survey research." B) It often involves a sizable representative sample of the population. C) Data format and sources are clear and well defined. D) Its purpose is very specific. E) all of the above

Business

Customers will often pay more for services than they think they are worth

Indicate whether the statement is true or false

Business