What phrase is used to describe the payment made by an investor who holds a short index position?
A)
Cash-and-carry
B)
Lease rate
C)
Rate of return
D)
Rent
Answer:
B
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Smith reported the following for 2012. Beginning market price $20.00 Average market price 24.00 Ending market price 26.00 Earnings per share: Basic 1.80 Diluted 1.60 Cash dividends per share 1.00 The price earnings ratio and dividend payout were:
a. 16.25 and 62.50%. b. 16.25 and 65.00%. c. 17.00 and 62.50%. d. 15.00 and 62.50%. e. 15.00 and 60.00%.
When an entity reduces its interest in an investment in equity securities accounted for by the equity method, and changes to the fair value method, what is the initial cost value for purposes of subsequent changes in market value?
a. Original cost b. Book value at the date of change c. Market value at the date of the change d. Market value at the date of acquisition
Jessica is babysitting Kyle one afternoon when Kyle starts bleeding from his nose. Jessica manages to stop the bleeding and rushes out to the nearest pharmacy—three miles away—to get medication for him
While doing so, she locks the house from outside and asks Kyle not to leave the house until she returns. The only way he can get out of the house is by breaking a window. Due to a roadblock on her way back, Jessica is delayed by an hour. Which of the following statements is true in this case? A) Jessica is liable for kidnapping. B) Jessica is liable for negligence as well as breach of duty of care. C) Jessica can be sued for false imprisonment. D) Jessica is not liable for prosecution for an intentional tort.
To manage service capacity, service firms must turn down some prospective customers if they do not have the capacity to meet demands
Indicate whether the statement is true or false a. True b. False