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andriy [413]
3 years ago
9

Which of the following contradicts the proposition that the stock market is weakly efficient?A. Over 25% of mutual funds outperf

orm the market on average.B. Insiders earn abnormal trading profits.C. Every January, the stock market earns above-normal returns.D. Applications of technical trading rules fail to earn abnormal returns.
Business
1 answer:
Arisa [49]3 years ago
5 0

Answer:

The correct answer is letter "C": Every January, the stock market earns above-normal returns.

Explanation:

Inside the Efficient Market Hypothesis or EMH, we can find the term "weak from efficiency" that states past price action do not influence the current stock price or it is not useful in order to predict future price movements. According to the same concept, the use of technical analysis or the suggestions of financial advisers is useless.

In that sense, option letter "C" indicates that <em>every January the stock market earns an above-normal return</em>, which clearly reflects that there is a repeated pattern in the stocks affecting their price during that specific month, something impossible to take place according to what "weak from efficiency" establishes.

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3 years ago
Nour is usually the person who takes charge of the situation and gets people moving toward the group's objective. Nour probably
jonny [76]

Answer:

Power.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.

Some types of power expressed by leaders are referent power, coercive, etc.

In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.

5 0
3 years ago
Do you think you could be an accountant? List three reasons why or why not.
kirill115 [55]
These questions are for your opinion.
7 0
3 years ago
Weiss Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have
MariettaO [177]

Answer:

Proposal A:  $185,714.29

Proposal B: $160,000

Explanation:

Giving the following information:

$10,000 for installations to be completed.

The revenue generated by each unit is $ 20.00

Proposal A:

Fixed costs= 55,000

The variable cost is $13.00

Proposal B:

Fixed costs= 70,000

The variable cost is $10.00

Break-even point (dollars)= fixed costs/ contribution margin ratio

Proposal A: (55,000+10,000)/[(20-13)/20]= $185,714.29

Proposal B: (70,000 + 10,000)/[(20-10)/20]= $160,000

5 0
3 years ago
On January 2, 2020, Coronado Industries began construction of a new citrus processing plant. The automated plant was finished an
Svetllana [295]

Answer:

$157,300

Explanation:

The computation of the interest capitalized is as follows:

= Accumulated expenditure × rate of interest

= ($610,000 × 12 months ÷ 12 months) + ($1,800,000 × 4 months ÷ 12 months) + 0 × 13%

= ($610,000 + $600,000) × 13%

= $1,210,000 × 13%

= $157,300

8 0
3 years ago
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