A high school play has five roles to fill with students. Seven girls and nine boys have expressed an interest in the play. What is the probability that exactly 3 girls will be selected?
0.288
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Under indirect method, depreciation is added back to net profit when arriving at the cash flow from operating activities because:
a. depreciation is an estimated amount. b. depreciation is a noncash expenditure. c. depreciation is not considered for calculation of taxable income. d. is added to the net income to arrive at net cash provided by operating activities.
An agency by ratification occurs when the principal ________
A) accepts an unauthorized act created by an unauthorized agent B) accepts an authorized act created by an authorized agent C) creates the appearance of an agency that in actuality does not exist D) accepts an act carried out under the implied authority of an agent
You are considering the purchase of a common stock that paid a dividend of $2.00 yesterday. You
expect this stock to have a growth rate of 15 percent for the next 3 years, resulting in dividends of D1 = $2.30, D2 = $2.645, and D3 = $3.04. The long-run normal growth rate after year 3 is expected to be 10 percent (that is, a constant growth rate after year 3 of 10% per year forever). If you require a 14 percent rate of return, how much should you be willing to pay for this stock? A) $89.75 B) $56.46 C) $62.57 D) $83.65
Advertising can be useful in a marketing strategy for getting attention, holding interest, arousing desire, and obtaining action.
Answer the following statement true (T) or false (F)