Which of the following assumptions of an ideal (or perfect) capital market most closely relates to the assumed symmetry of information set shared by all firms and all investors?
a. Capital Markets are frictionless
b. Homogeneous expectations
c. Atomistic competition
d. The firm has a fixed investment program
e. Once chosen, the firm's financing is fixed
B
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An attitude is a “relatively enduring predisposition to respond ______.”
A. favorably B. unfavorably C. neutrally D. favorably or unfavorably
The following accounts appear on either the Income Statement (IS) or Balance Sheet (BS). In the space to the left of each account, write IS or BS to identify the statement on which the account appears.____ 1. Office Equipment____ 2. Rent Expense____ 3. Unearned Revenue____ 4. Rent Expense____ 5. Accounts Payable____ 6. Common Stock____ 7. Fees Revenue____ 8. Cash____ 9. Notes Receivable____ 10. Wages Payable
What will be an ideal response?
Roger is analyzing regional differences in seeking a location for a new firm and is looking at states with favorable tax systems for small businesses. Based on this information, he should look at which of the following states?
A. South Dakota B. Massachusetts C. Ohio D. New York
In general, the further up the supply chain a company is (or the further they are from the consumer),
A) the greater the distortion of information they receive. B) the smaller the distortion of information they receive. C) the information they receive is more accurate. D) the information they receive is more useful.