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.
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The metal coins are/were made from is worth more tangibly than the paper that currency notes were written on.
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In an ethnographic study of black and white working-class men, Deirdre Royster (2003) found that the job market was Not fair and not meritocratic
Explanation:
Deirdre Royster has put this popular wisdom to a test – revealing the subtleties and inequalities of a place of work in the Race and the Invisible Hand which favour the white person looking for jobs above the black one.
Royster is finding a reference in the stories of 25 black and 25 white men from the same vocational school who were looking for work on the same blue collar job market in the beginning of the 1990's.
Having carefully studied the professional successes, work ethics and values of Black men in the sense of particular deprivations, her research shows that young black and white men are the main differences— access to connections that are very relevant in job searches and admission.
Answer:
1. Situation is that a Stockholder has filed a lawsuit against C corporation.
Accounting treatment: Neither record nor disclose any liability.
Since the liability is not at all possible, it should be neither recorded nor disclosed.
2. Situation: F signed a 60 days, 10% note when it purchased items from another company.
Account treatment: Record the liability on the balance sheet.
Real liability that is both certain and the liability amount can also be reasonably estimated. It should be recorded on the balance sheet.
3. The EPA notifies S co that a state where it has a plant is filing a lawsuit.
Account treatment: Disclose the liability in a financial statement footnote.
The liability is probable but not certain and liability amount can also be reasonably estimated. It should be disclosed in financial statement footnote.
4. Situation: Company manufactured and sold products to a retailer that later sold product to consumer.
Account treatment: Record the liability on the balance sheet.
Real liability that is both certain and the liability amount can also be reasonably estimated. It should be recorded on the balance sheet.
