Maximization of cash should be a long-term objective.
Answer the following statement true (T) or false (F)
False
Maximization of cash should never be a long-run objective because cash maximization may mean little or no profitability. Without profits, a company cannot survive.
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The cost of operating the common manufacturing facility is a(n) ________ cost
A) opportunity B) traceable C) nontraceable D) sunk E) differential
Your attitude can cause others to be drawn to you
Indicate whether the statement is true or false
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.25. Now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. What would the portfolio's new beta be? Do not round your intermediate calculations.
A. 1.60 B. 1.32 C. 1.58 D. 1.61 E. 1.38
Exchange rate risk can often be hedged by using currency forward, futures, or options markets
Indicate whether the statement is true or false