In an efficient market, the excess return on all securities is zero.
ExplanationAccording to the efficient market concept, new information is instantly reflected in stock prices, and hence neither technical nor fundamental analysis can yield excess returns.
What is an efficient market?Market efficiency is the extent to which market prices accurately reflect all pertinent information that is currently accessible. Since there are no securities that are undervalued or overvalued if markets are efficient, there is no way to "beat" the market because prices already reflect all available information.
The phrase was coined in a 1970 study by economist Eugene Fama; nevertheless, Fama admits that the phrase is a little deceptive because no one has a firm grasp on how to accurately describe or assess this concept known as market efficiency. Despite these restrictions, the phrase is used to describe what Fama is most famous for: the efficient market hypothesis (EMH)
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For+an+investor+in+the+37%+federal+income+tax+bracket, the tax-equivalent+yield+of+a+general+obligation+municipal+bond+with+a+coupon+rate+of+4.17%+is:_________
The answer is :- 6.62%
The computation for tax-equivalent yield is done by divide the coupon rate by (100% - tax bracket).
In this ques, that is 4.17% ÷ (100% - 37%) = 4.17%÷ 63%.
= 6.62%.
Who Are Investors?Any person or other organization (such as a company or mutual fund) who invests money in the hopes of making a profit is referred to as an investor. Investors depend on a variety of financial instruments to generate a rate of return and achieve crucial financial goals like saving for retirement, paying for a child's school, or just collecting more wealth over time. Stocks, bonds, commodities, mutual funds, exchange-traded funds (ETFs), options, futures, foreign currency, gold, silver, retirement plans, and real estate are just a few examples of the many investment vehicles available to achieve objectives. Investors are able to examine opportunities from a variety of perspectives, and they often aim to reduce risk while maximizing rewards.
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Assessing the performance of a firm is more useful if it is evaluated in terms of how it changes over time, ________ with industry norms, and ________ with competitors.
Assessing the performance of a firm is more useful if it is evaluated in terms of how it changes over time, Compared with industry norms, and Compare with key competitors.
What is a key competitor?Your key competitors are the ones who take your customers, even if those companies do not sell the same exact product or service as you do.With competitive analysis, you can discover where your business is doing well, where you need to improve, and which trends you need to get ahead of.Complete a competitive analysis when your company isn’t moving forward as fast as you want or when competitors are securing orders from your ideal customers.A competitive analysis should examine your competitors’ features, market share, pricing, marketing, differentiators, strengths, weaknesses, geography, culture, and customer reviews.This article is for new and established small business owners who want to analyze their competition to improve their products or services.To learn more about Competitive analysis, refer
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An exchange rate that is set at a specific value and maintained over time is a(n) __________ exchange rate.
Fixed Exchange Rate is fixed at a certain value and preserved across time.
A fixed exchange rate is a system used by a government or central bank that links the value of the nation's official currency to the currency of another nation or the price of gold. For exporters and importers, fixed rates offer more assurance. In addition, fixed rates assist the government in preserving low inflation, which, over time, lowers interest rates and promotes investment and commerce.
The majority of large industrialized countries have had floating exchange rate regimes, in which the price of a currency is determined by its current value on the foreign exchange market (forex). While fixed-rate systems are still used in developing economies, this trend started in these countries in the early 1970s.
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Neumann company issues 20-year bonds. related to these bonds, neumann is obligated to:_______
20-year bonds are issued by Neumann Company. Neumann is bound to: make a specified payment on a given date in connection with these bonds. The features of debt include the need for a future payment of a defined or estimated sum of money at a specific or predicted date.
A debt is something that one party borrows from another, typically money. Many businesses and people utilize debt to finance significant expenditures that they would not normally be able to afford. An agreement to borrow money with the need that it be repaid at a later time, typically with interest, is known as a debt arrangement.
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A company records a loss of $70,000 on the sale of its outdated inventory.
a. operating activity
b. investing activity
c. financing activity
A company documents a loss of $70,000 on the sale of its outdated inventory.
a) Operating Activity
What are operating activities?Operating activities are all the things a business does to bring its products and services to market on an ongoing base. Non-operating activities are past events that may affect revenues, expenses, or cash flow but fall outside of the company's routine, core business. Operating activities include: Setting a strategy.
Operating activities contain cash activities related to net income. Investing actions contain cash activities similar to noncurrent assets. Financing actions contain cash activities related to noncurrent liabilities and owners' equity.
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Suppose there is an increase in the price of wood. We would expect the supply curve for pencils to.
Answer:
The supply curve (S0) for pencils shifts to the left since the price of wood increases, the price of graphite increases, and the price of rubber increases this will cause a leftward shift in the supply curve for pencils
Explanation:
Prepayments are transactions in which the cash flow follows the expense or revenue recognition. True or false
Prepayments are transactions in which the cash flow tracks the expense or revenue recognition. false
How do prepaid expenses minister in the cash flow statement?A decrease in prepaid expenses improves cash flow. Operating expenses are typically paid every month, which is why any reduction in prepaid expenses will directly benefit cash flow for the current month.
What Are Prepaid Expenses?Prepaid costs are future costs that are paid in advancements, such as rent or insurance. On the balance sheet, prepaid costs are first recorded as an investment. As the advantages of the assets are realized over time, the amount is then recorded as an expenditure.
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You have decided that you will buy pizza, but you are still trying to decide how many pieces of pizza you should buy. which economic principle are you taking into account?
The economic principle that you are taking into account is the marginal principle.
What is the marginal principle?
The marginal principle is an economic principle that states when making a decision, compare the marginal benefit of the decision to the marginal cost of the decision. The course of action should only be taken if the marginal benefit is greater or equal to the marginal cost.
Marginal cost is the additional cost generated by producing an additional unit of output. Marginal benefit is the benefit derived from consuming one extra unit of a good.
For example, the marginal benefit of the tenth and eleventh slice is $10 and $7 and the marginal cost of the 10th and 11th slice is $10. The marginal principle suggests that the person should buy only ten slices of pizza.
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Accounts payable is an account which contains the total dollar value of __________ by the business for all __________ purchases.
Value of monies owed to suppliers for credit purchases, Cash
Accounts payable is an account that contains the total dollar value of monies owed to suppliers for credit purchases by the business for all cash purchases.
Accounts Payable: Accounts payable (AP) refers to the sums owed to suppliers or vendors for goods or services received but not yet paid for. The accounts payable balance on the company's balance statement represents the total of all unpaid sums to vendors.
All of the short-term debt owed by the corporation is included in accounts payable. For instance, if a restaurant owes money to a company that sells food or drinks, those products are included in its inventory and so count toward its trade payables.
Value of monies owed to suppliers for credit purchases, Cash
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Answer:
monies owed to the suppliers; credit.
Explanation:
Prepared teams are better able to create integrative agreements than are solo negotiators. group of answer choices
a. true
b. false
The given statement is true. Prepared teams are more capable than solo negotiators of reaching integrative agreements.
What is meant by integrative agreements?Integrative negotiating agreements are those that balance (integrate) the parties' interests and, as a result, produce a high level of mutual benefit. Compromises only divide the two opposing perspectives, giving them half of what they desire. On the other side, innovative, integrated solutions may be able to satisfy everyone's needs.
The real interests of the disputing parties are not effectively satisfied by compromises. Instead, compromises merely give each side of the argument half of what they want, dividing the difference between the two perspectives. On the other side, innovative, integrated solutions may be able to satisfy everyone's needs.
Hence, The given statement is true.
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If there is only consumption spending, the equilibrium level of real gdp is found at the:_________
If there is only consumption spending, the equilibrium level of real GDP is found at the intersection of the consumption schedule and the equilibrium line.
What's the schedule for consumption?
The consumption function, also known as a consumption schedule, is the link between CONSUMPTION EXPENDITURE and the level of NATIONAL INCOME or DISPOSABLE INCOME.
A stable or balanced economic system is referred to as an equilibrium in the study of economics. Economists use the phrase equilibrium, which is a situation in which supply and demand are equal, to describe the economy.
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A systematic process of ensuring that your firm is returned at or near the top of lists of typical search phrases related to your business is?
Search engine optimization (SEO) is a methodical technique that makes sure your company appears at the top of lists of common search keywords related to your industry or close to it.
What is SEO
Search engine optimization is a method of boosting both the volume and quality of search engine traffic to a website or web page (SEO). SEO emphasises organic traffic over direct or purchased visitors (sometimes called "natural" or "organic" results). Free visitors can be attracted by searching for photographs, videos, news, scholarly publications, and vertical search engines that cater to particular industries. When employed as an online marketing tactic, SEO takes into account a number of variables, such as how search engines function, the computer algorithms that govern how they behave, what people search for, the actual search terms or keywords they enter into search engines, and which search engines their target market prefers.
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According to the scor model, supply chain management covers five broad areas including planning activities, which __________.
The correct answer is cover the actual production of a good or service.
Supply chain management choices are addressed, improved, and communicated with suppliers and consumers of a firm using the supply chain operations reference model (SCOR), a management tool. The operational methods required to satisfy client requests are described in the model.
What does SCOR entail?A supply chain must carry out the SCOR operations in order to achieve its main goal of completing client orders. There is only one representation for each distinct process in SCOR. The six main processes that SCOR identifies as level-1 processes are Plan, Source, Make, Deliver, Return, and Enable.
Why does business employ the SCOR model?The SCOR method may assess the supply chain of a corporation at various degrees of process detail. It offers businesses a sense of how sophisticated their supply chain is. The procedure aids businesses in comprehending how the five procedures constantly recur between clients, suppliers, and the business itself.
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Although transportation costs rise because breaks in transportation, we can surmise that over very long distances the lowest-cost form of transporting goods is by:______
Although transportation costs rise because breaks in transportation, we can surmise that over very long distances the lowest-cost form of transporting goods is by ship.
The transportation costs is usually higher as the secondary location is farther from the customer's address. Also, the transit time is longer for the same reason, so the shipment shall arrive quite later than usually expected.
Ships are usually preferred over very long distances transport, as they are attractive, and as well as the cost per kilometer is very low. Ships tend to be slower than land-based transportation, but unlike trucks or trains, they can cross oceans.
Hence, transportation through ships is the least expensive and slowest mode of freight transport.
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All of the following are permitted investments in individual retirement accounts except: _______
a. u.s. minted gold coins
b. u.s. issued securities
c. commodity futures
d. bank certificates of deposit
The correct option is (c) commodity futures
All of the following are permitted investments in individual retirement accounts except commodity futures.
What is an individual retirement account called?A retirement saving account known as an Individual Retirement Account (IRA) is set up with a bank or brokerage company and offers tax advantages to investors who put money away for their retirement. An individual, a self-employed person, or a small business owner can open an IRA.
An IRA, or individual retirement account, is a retirement account that allows you to postpone paying taxes until you withdraw the money. Similar to a 401(k), but with your choice and management of the account as opposed to your employer managing the account.
The best option is a Roth IRA or 401(k) if you're certain that your retirement income will be larger than it is now. A typical IRA or 401(k) is probably your best bet if you anticipate that your income (and tax rate) will be lower in retirement than they are now.
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When a company takes a long-term approach to on pricing its products by weighing price, value, and customer satisfaction, this is an example of creating:_________
When a company takes a long-term approach to on pricing its products by weighing price, value, and customer satisfaction, this is an example of creating Customer Delight.
Surprising a consumer by going above and beyond their expectations results in a favourable emotional response. This feeling results in word-of-mouthWhat factors are crucial for happy customers?It's important to make your consumers happy. They may be your strongest supporters and draw more attention to you, but they may also be your loudest critics and inform others of their negative interactions with you. After the transaction, you must leave your consumers with the impression that you value and actually care about them.To Learn more about Customer Delight, Click the links
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a is a group of related projects designed to accomplish a common goal over an extended period of time.
Program is a group of related projects designed to accomplish a common goal over an extended period of time.
A program is a cluster of related projects which are managed in a coordinated manner so that they could be executed simultaneously and share other resources, activities as well as stakeholders.
Program management is a strategic management approach used in order to execute and control multiple related projects. The goal of the program management is to drive benefits to the entire program only by sharing project resources, costs and other project activities.
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Far ahead of her time, around 100 years ago, mary parker follett anticipated some of today's workplace trends, such as?
Self-managed teams and worker empowerment is the today's workplace trends which was anticipated by Mary Parker Follett theory of management far ahead of her time, around 100 years ago.
What is Mary Parker Follett theory of management ?
Follett's organizational theory is focused on the individual as well as how autonomy can encourage workers to collaborate. Follett drawn attention to a people-oriented management approach much earlier than most.
Follett approached management theory from a unique perspective. She started working as a social worker in one of Boston's less wealthy neighborhoods not very long after she graduated. Follett began to organize social and educational organizations after realizing the negative effect that a lack of community space is having on those nearest to her. This marked the beginning of her exploration into group dynamics.
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The flu shot is designed to trigger a response from the immune system and is a form of ______.
The flu shot is designed to trigger a response from the immune system and is a form of "recombinant vaccination"
What is Baculovirus?
Recombinant technology external symbol is a third method of producing flu vaccinations that was authorized for sale in the United States in 2013. In order to generate recombinant flu vaccines, a candidate vaccine virus (CVV) sample is not necessary. Recombinant vaccinations, on the other hand, are produced synthetically. The gene that encodes the genetic instructions for producing the surface protein known as hemagglutinin (HA) present on influenza viruses is the first gene that flu researchers need in order to create a recombinant vaccine. A flu virus's HA is an antigen, which is a component that causes the immune system to produce antibodies that specifically target the virus. Then, a baculovirus, an invertebrate-infecting virus, is coupled with this gene for producing flu virus HA antigen. As a result, a "recombinant" baculovirus is produced.
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Soft skills are ________; they are more or less relevant in every job, at every level, and throughout your career.
Soft skills are portable because they are somewhat applicable in every position, at every level, and over the course of your career.
What do soft talents entail?
People require soft skills, or interpersonal abilities, in order to succeed at work. This could entail the capacity to multitask, manage time effectively, and work well in teams. Soft skills are essential for success in any job, but they are crucial in social work in particular.
Numerous stakeholders, each of whom may have diverse interests, are involved in a significant amount of the work that is done in the social sector. In situations like this, having the proper interpersonal skills is essential to coming to a successful conclusion.
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The general increase in prices over time we pay for good and services is known as inflation. question 5 options: true false
It is true that the general increase in prices over time we pay for goods and services is known as inflation.
What is inflation?Inflation is the term used to describe an increase in the price of goods and services that households buy. It is determined by how quickly these prices fluctuate. Prices frequently rise with time, but they can also fall (a situation called deflation).
The main categories of inflation are as follows:
Demand-pull inflation: It explains how rising prices for products and services can result from increased demand. People will typically pay more for something if there is a shortage of it.
Cost-push inflation: When demand-pull inflation is active, it frequently starts up. Businesses must raise their pricing as a result of rising raw material costs, regardless of market demand.
Built-in inflation: Employees may start requesting pay increases from their employers as demand-pull inflation and cost-push inflation take place. Employers risk experiencing a labor scarcity if they don't keep their pay competitive.
Built-in inflation occurs when a company increases employee wages or salaries while also trying to maintain profit margins by boosting prices.
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Erosion will ______ the sales of existing products. multiple choice question. reduce increase
Erosion will Reduce the sales of existing products. When there is erosion, it means that there is a sales barrier. This is because if there is erosion it will interfere with the product distribution process.
Scientifically Definition or Understanding Erosion can be defined as an event, where various earth objects such as soil, rocks, and other objects experience erosion, whether it is caused by water, wind, ice, or rain. The occurrence of erosion or erosion is also inseparable from several other influences such as: gravity or due to the activities of living things (in this case animals). For erosion or erosion dominated by living things (animals) is known as bio-erosion.
The factors that cause erosion are:
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A component of the general learning model applied to skill development in leadership is?
Leadership involves a variety of significant qualities and is the capacity to consistently influence a group of people. Getting feedback on how well you are using your talents from other people is a part of the general learning paradigm applied to leadership skills. Legal facets of relationships are addressed by the notion of leadership as a partnership.
Leadership concepts are things that leaders take into account when using a particular leadership approach and managing a group of people. These principles are centered on concepts and beliefs about the qualities leaders ought to possess and how they ought to behave in a leadership capacity. Professionals can better grasp what talents and character qualities to cultivate in order to advance in leadership jobs by using leadership principles.
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Given the following information, calculate the market price per share of wam inc. net income= $200,000 earnings per share= $2.00 stockholders equity= $2,000,000 market/book ratio= 0.20
The market price per share= 4.00 dollar
Market to-book ratio is the percentage of the market value of the company relative to its book worth.
WAM Inc's dataEarnings after interest and taxes = $200,000
Earnings per share = $2.00
Stockholders' equity = $2,000,000
Market/Book ratio = 0.20
Computation:
Market-to-Book Ratio = Market capitalization / Book value
0.20 = Market capitalization / $2,000,000
Market capitalization = $400,000
And,
Market value per share = Market capitalization / Number of shares due
Market value per share = $400,000 / 100,000 shares
Market value per share = $4
Note:
Number of shares due = Earnings after interest and taxes / Earnings per share
Number of shares outstanding = $200,000 / $2
Number of shares outstanding = 100,000 shares
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The correct order for the preparation of financial statements is? 1. statement of cash flows 2. income statement 3. balance sheet 4. statement of retained earnings
The order which is correct is 2, 4, 3, 1. Income statement, Statement of retained earniings, Balance sheet, Statement of cash flow.
What is financial statement?
The presentation of relevant financial data is done in a methodical manner and in an easy-to-understand format.
The three main company reports are combined into one document called a financial statement. It will include the company's income statement, balance sheet, and cash flow statement.
Financial statements are routinely audited by government agencies, accounting firms, etc. to ensure their accuracy and for tax, financing, or investment reasons.
An income statement is a type of financial statement that shows the revenue and expenses of a firm.
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The price at which willing buyers and sellers would trade is called ______ value.
Answer:
equilibrium price or market equilibrium
Under ________, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price.
Under monopolistic competition, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price.
Monopolistic competition generally exists when many companies do offer competing products and services which are similar but not perfect substitutes.
The barriers which are there to entry in a monopolistic competitive industry are very low and the decisions of any one firm generally do not directly affect its competitors. The competing companies commonly differentiate themselves based on pricing as well as marketing decisions.
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Using virtualization methods, enterprises can respond to change more quickly and make better decisions in real time without physically moving their data, which significantly cuts costs.
Using virtualization methods, enterprises can respond to change more quickly and make better decisions in real time without physically moving their data, which significantly cuts costs is a true statement.
What are virtualization techniques?Virtualization is known to be a method or a technique that is often used to know how to differentiate a service from those of the underlying physical delivery of that said service.
Note that this is said to be the process of making a virtual version of an item such as computer hardware. It was known to be first created/ developed in course of the mainframe era.
Therefore, Using virtualization methods, enterprises can respond to change more quickly and make better decisions in real time without physically moving their data, which significantly cuts costs is a true statement.
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Using virtualization methods, enterprises can respond to change more quickly and make better decisions in real time without physically moving their data, which significantly cuts costs.True/false
In the monopolistically competitive sea bass market, the demand curve facing any individual firm is_____, and there are_____producers in the market.
'In the monopolistically competitive sea bass market, the demand curve facing any individual firm is downward sloping, and there are many producers in the market.
Monopolistic competition is a type of imperfect competition in which many manufacturers are competing with each other but selling different products from each other and therefore not perfect substitutes.
Monopolistic competition occurs when many companies offer similar but not identical products. Monopolistic competitors differentiate their products through pricing and marketing strategies.
A monopoly market is a theoretical condition that describes a market in which only one firm can offer its products or services to the public. A monopoly market is the opposite of a perfectly competitive market in which an infinite number of firms operate.
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Entrepreneurs report greater control over decisions, hours, and job security, thus suggesting that an important motivation for pursuing entrepreneurship is:_________
Self-determination appears to be a key driver for pursuing entrepreneurship as entrepreneurs report having more control over decisions, hours, and job stability.
Who Are Entrepreneurs?An entrepreneur is someone who pursues a business-driven chance to market a novel good or service with little capital and great risk. The act of founding a new company is referred to as entrepreneurship. It is also classified as the management of limited resources to seize an opportunity. An entrepreneur is, in essence, a person who recognizes a need for a novel good, procedure, or service and creates a company to meet that need.
An entrepreneur identifies a need that no business is currently addressing and chooses a strategy to address it. Entrepreneurial activity includes developing and implementing a business marketing strategy as well as starting and running a new company, typically with the goal of eventually selling it for a profit.
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