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Ede4ka [16]
3 years ago
13

Nicholas Manufacturing just announced yesterday that its fourth quarter earnings will be 10% higher than last year's fourth quar

ter. Nicholas had an abnormal return of 1.2% yesterday. This suggests that A. the market is not efficient. B. Nicholas' stock will probably rise in value tomorrow. C. investors expected the earnings increase to be larger than what was actually announced. D. investors expected the earnings increase to be smaller than what was actually announced. E. earnings are expected to decrease next quarter.
Business
1 answer:
irina [24]3 years ago
8 0

Answer:

C

Explanation:

Investors expected the earnings increase to be larger than what was actually announced.

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The 7​-year ​$1 comma 000 par bonds of Vail Inc. pay 9 percent interest. The​ market's required yield to maturity on a​ comparab
Makovka662 [10]

Answer:

a) Yield to maturity = 8.14%

b) The value of the bonds = $917.99

c) Since market value of bond is higher than book value of bond. So investor should not purchase the bond.

7 0
3 years ago
If merchandise costing $500 is sold on account for $620, how is this transaction recorded when using a perpetual inventory syste
kipiarov [429]

Answer:

Explanation:

Debit Accounts Receivable and credit Sales Revenue for $620;

DEBIT: Cost of Goods Sold CREDIT: Inventory for $500

5 0
2 years ago
Assume Brandon can buy either 1 DVD for $20 or 3 CDs for $25. What is the opportunity cost if he decides to buy 3 CDs? Select th
Tom [10]

Answer:

The opportunity cost of buying 3 CDs is the lost opportunity to buy 1 DVD

Explanation:

Opportunity cost is the cost of alternative forgone.It is cost of the item not purchased due the current buying decision.

It is also applicable to a business division selling to another division within the company.The cost of such internal sale is viewed as the variable cost of the product plus the contribution forgone from not selling to external party.This is most likely the case when the selling division does not have a spare capacity with which it can fulfill internal sale request.

8 0
3 years ago
The Grameen Bank pioneered the idea of microfinance and microlending in the early 1980s. Many microlending operations today use
stellarik [79]

Answer:

The correct answer is Technology Adopters.

Explanation:

A technology adopter is someone who, taking into account the changes in the environment, accommodates them to try to give a better experience to the end user. Under this premise all the financial companies dedicated to money management work, since this allows for greater ease in credit management and effective communication with clients.

7 0
3 years ago
According to the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: Multiple C
slamgirl [31]

Judging based on the information from the GLOBE (Global Leadership and Organizational Behavior Effectiveness) project, it has been found that: "Chinese managers prefer structures with more hierarchy and less equality."

This is evident in the research made by GLOBE showed that the Chinese generally have a high Power Distance Index (PDI).

Power Distance Index is one of the five major qualities of cultural dimensions.

A country with a high power distance index like China means they are a society that adopts an unequal, level distribution of power.

They also believe that people need to know their role or position in the system.

Hence, in this case, it is concluded that the correct answer is option A. "Chinese managers prefer structures with more hierarchy and less equality."

Learn more here: brainly.com/question/14997435

4 0
2 years ago
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