Answer:
b. Stocks that outperform the index in March always underperform it in April.
d. Stocks that outperform the index in March always outperform it in April.
Explanation:
The Efficient market hypothesis states that in an efficient market, all the available information in the market are reflected in the prices of the stocks being traded. As such, all stock are fairly priced.
Stocks that perform in a certain way in March and then in another way in April are violations of the hypothesis. This is because if indeed the market was efficient, the prices would adjust to reflect the different performances by month such that there would be no more fluctuations.
Answer:
The answer is
A.
accepting mistakes and rectifying them
Explanation:
Answer:
Account payable days = 82.74 days
Explanation:
<em>The payable days is the average length of time it takes for a business to settle its account payable.</em>
it is calculated as follows:
Account payable days = average account payable/ cost of goods sold× 365 days
= 15,486/68314× 365 days= 82.7413
It will take Heritage about 82.74 days to settle its account payable.
=
Answer:
the rancher.
Explanation:
According to my research on land ownership benefits, I can say that based on the information provided within the question the person that owns the oil would be the rancher. This is because the rancher is the owner of the parcel of land, which usually includes the mineral rights to that piece of land. If the land ownership does not include the mineral rights then whoever owns these rights also owns the oil.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
C. Pro forma statements
Explanation:
Pro forma financial statements are similar to historical financial statements in appearance and use, except that they focus on the future instead of the past and are based upon assumptions rather than hard fact.
Pro forma statements allow management to exercise a certain amount of creativity and flexibility.
It helps management in decision making.
