Assume you are using the dividend growth model to value stocks. If you expect the market rate of return to increase across the board on all equity securities, then you should also expect the:
A) market values of all stocks to increase.
B) market values of all stocks to remain constant as the dividend growth will offset the increase in the market rate.
C) market values of all stocks to decrease.
D) stocks that do not pay dividends to decrease in price while the dividend-paying stocks maintain a constant price.
E) dividend growth rates to increase to offset this change.
C) market values of all stocks to decrease.
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Which of the following statements is true of independent agencies?
A. They are a part of the executive branch of the government. B. They are given authority only to enforce rules made by the Congress. C. They are headed by a board or commission. D. They are headed by the president.
In a real-time processing system with a high number of transactions, the best and most practical control over cash disbursements is to have
a. all checks manually signed by the treasurer b. all checks signed by check-signing equipment c. checks over a certain dollar amount manually signed by the treasurer d. checks over a certain dollar amount manually signed by the cash disbursements clerk
To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation
A) just in time (JIT) B) supply chain management C) value chain management D) logistics management E) enterprise resource planning (ERP)
?The Board of Directors of a company is responsible for determining, articulating, and communicating the values and standards of the business, and for ensuring that the policies, procedures, and controls in place act to support, rather than hinder, ethical values throughout the business. ? Which one of the following corporate elements and characteristics can the Board of Directors influence the most to ensure that the organization has an ethical culture?
A. ?Individual factors B. ?Personal values C. ?Employee integrity D. ?Individual beliefs E. ?Procedures and controls for oversight