1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yakvenalex [24]
3 years ago
7

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is _____.

Business
1 answer:
hoa [83]3 years ago
5 0

Answer: largely efficient

Explanation:

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is largely efficient.

According to the strong-form hypothesis of the efficient market, when there is an efficient market, all the private and public information would be reflected in the prices of the stock.

You might be interested in
Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest
alexira [117]

Answer and Explanation:

The journal entries are shown below;

a. Investment Dr $37,282

      To Cash $37,282

(being the investment in bonds is recorded)

b.

Cash (($1,000 × $40) × 0.07 × 6 ÷ 12) $1,400

Investment  $91

   To interest revenue ($37,282 ×8% × 6 ÷ 12) $1,491

(Being the first interest payment is recorded)

5 0
3 years ago
Micron owns 35% of Martok. Martok pays a total of $47,000 in cash dividends for the period. Micron's entry to record the dividen
creativ13 [48]

Answer:

1. Option (A) is correct.

2. Option (C) is correct.

Explanation:

1. Micron's entry to record the dividend transaction is as follows:

Cash A/c      Dr. $16,450

To Long - Term Investments  $16,450

(In this case, since the holding interest is more than 20%, Equity method is used)

workings:

Dividend = $47,000 × 35%

               = $16,450

2. The entry to record the receipt of dividend would be:

Cash A/c     Dr. $12,000

To Dividend Revenue A/c   $12,000

(To record the receipt of dividend)

Workings:

Dividend = 3,000 shares × $4 per share

               = $12,000

4 0
3 years ago
You just hung up the phone after a 3-hour conference call with your colleagues in India. After the call, one of your co-workers
Llana [10]

Answer: Examine your expectations for conducting the meeting and determine how they might be different than your Indian colleagues.

Explanation:

Cross-cultural communication looks at how people from different cultural backgrounds communicate among themselves. The aim of cross-cultural communication is to bring together people with cultural differencces in such a way that the cultural differences shouldn't be a barrier.

Cross-cultural communication is understanding ways by which culturally distinct individuals relate and communicate with each other.

Regarding the question, the best way to improve one's cross cultural communication will be to examine the expectations one has for conducting the meeting and then determine how the expectations might be different from my Indian colleagues.

6 0
3 years ago
The money supply curve _____. This shift could be caused by the Federal Open Market Committee's (FOMC's) open-market purchase of
lidiya [134]

Answer:

Shifts right

Explanation:

A rightward shift in the money supply curve indicates its increase. When the FOMC purchases Treasury bills, they purchase these securities with money, thus injecting more money into the economy and increasing the money supply.

7 0
2 years ago
For each separate case below, follow the 3-step process for adjusting the prepaid asset account at December 31. Step 1: Determin
svetoff [14.1K]

PART A

Answer:

Insurance expense debit for 3,800

        Insurance prepaid credit for 3,800

Explanation:

a.- Prepaid Insurance. The Prepaid Insurance account has a $4,700 debit balance to start the year. A re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end.

Step 1:  Currently equals to $4,700

Step 2: It should equal $900

In this Case: It is giving us the begining balance, and then it proceeds to tell us the ammount unexpired, which means the ending balance. So the <em>diference will be the adjuting entry</em>

Step 3: $4700 - $900 = $3,800

insurance expense debit for 3,800

  insurance prepaid credit for 3,800

PART B

Answer:

insurance expense 1040  debit

        prepaid insurance               1040credit

Explanation:

b.- Prepaid Insurance. The Prepaid Insurance account has a $5,890 debit balance at the start of the year. A review of insurance policies and payments shows $1,040 of insurance has expired by year-end.

Step 1: Curently equals to $5,890

Step 2: 5,890 - 1,040 expired portion = 4,850 unexpired portion

            The blaance should be 4,850

In this Case: It is giving us the begining balance, and then it proceeds to tell us the ammount expired, which means the adjusting entry. So the <em>diference will be the ending balance</em>

Step 3

The adjusting entry must be made for 1,040 which is the expired portion

insurance expense 1040  debit

       prepaid insurance               1040credit

PART C

Answer:

rent expense   4,000 debit

        prepaid rent                4,000 credit

Explanation:

C.- PrepaidRent. On September 1 of the current year, the company prepaid $24,000 for 2 years of rent for facilities being occupied that day. The company debited Prepaid Rent and credited Cash for $24,000.

Step 1 Current balance is 24,000

In this Case: It is giving us the begining balance, and then it proceeds to tell us <em>information about the contract,</em> which means <em>we are going to work to get the expired portion</em> and with that calculate the ending balance like on part B

Step 2 We are at December 31th the expired portion will be 4 months (September, October, November and December) so:

        24,000

-----------------------------   x 4 months expired = 4,000 expired portion

24 month of contract

24,000 - 4,000 = 20,000

<em>begining - expired = ending AKA "unexpired"</em>

<em>The balance should be equal to 20,000</em>

<em />

Step 3: the adjusting entry should be done for 4,000 which is the expired portion of the rent.

rent expense   4,000 debit

   prepaid rent                4,000 credit

7 0
3 years ago
Other questions:
  • Business communicators normally use active voice more heavily than passive voice because active voice: a. conveys ideas more viv
    5·1 answer
  • The going concern assumption implies that: 1. a firm will continue to be in business for the foreseeable future. 2. a firm will
    15·1 answer
  • What do I put at the end of a brochure
    12·2 answers
  • Categories of expenditures Van and Amy Cho live in Swarthmore, PA. Amy's father, Carlos, lives in Sweden. For each of the follow
    13·1 answer
  • The crowding-out effect refers to the possibility that:
    5·1 answer
  • At the end of May, the following adjustment data were assembled:A. Insurance expired during May is $275B. Supplies on hand on Ma
    5·1 answer
  • Rorry Company uses a job cost system. Labor costs for the period were $21,000, of which $3,000 were indirect. The journal entry
    13·1 answer
  • Technoid Inc. sells computer systems. Technoid leases computers to Lone Star Company on January 1, 2018. The manufacturing cost
    11·1 answer
  • The federal reserve engages in another round of quantitative easing. what are the effects of this policy on the economy?
    14·1 answer
  • on january 1, 2024, howell enterprises purchases a building for $151,000, paying $41,000 down and borrowing the remaining $110,0
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!