An increase in the LIFO recapture amount must be added to taxable income to determine E & P
a. True
b. False
Indicate whether the statement is true or false
True
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The issue price of a bond is always present valued using the market rate of interest
a. True b. False Indicate whether the statement is true or false
In order for an organization to become socially responsible, it must first become financially sound. This statement reflects which level of corporate social responsibility?
A. economic B. legal C. ethical D. discretionary
Which of the following statements is CORRECT?
A. Portfolio diversification reduces the variability of returns on an individual stock. B. Risk refers to the chance that some unfavorable event will occur, and a probability distribution is completely described by a listing of the likelihood of unfavorable events. C. The SML relates a stock's required return to its market risk. The slope and intercept of this line cannot be controlled by the firms' managers, but managers can influence their firms' positions on the line by such actions as changing the firm's capital structure or the type of assets it employs. D. A stock with a beta of ?1.0 has zero market risk if held in a 1-stock portfolio. E. When diversifiable risk has been diversified away, the inherent risk that remains is market risk, which is constant for all stocks in the market.
Which of the following characteristics of a good process layout is FALSE?
a. It minimizes material handling. b. It minimizes transportation costs. c. It minimizes customer waiting time. d. It maximizes employee waiting time.