I think b is the correct answer
Answer:
False
Explanation:
It is FALSE that If you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, this is consistent with the weak form of EMH.
Weak Form of Efficiency Market Hypothesis states that individuals cannot use past knowledge, facts, or occurrence about stock to determine its future price.
In other words, past data or evidence has no connection with existing market prices.
Hence, if you make superior returns by buying stocks after a 10% fall in price and selling stocks after a 10% rise, that shows the existence of pattern or past information about the stock rising or falling prices determine future occurrence. This situation contradicts the Weak form of EMH
Answer:
1. Dr Salaries expense 590
Cr Bank 590
2. No journal entry is required
3. Dr Vehicle maintenance 390
Cr Bank 390
Explanation:
1. Entry will be created because salaries are of companies employees.
2. In event 2 there is not mentioned of any company equipment purchase and mostly payment is done through checks in company not through credit cards.
3. This event is solely business event because it is clearly stated of company vehicle.
Answer:
The correct answer is letter "D": Total variable costs decrease as the volume increases.
Explanation:
Total fixed costs are those that do not vary when the volume of production changes. However, unitary fixed costs change with fluctuations in production. As production increases, unitary fixed costs decrease and if production decreases unitary fixed costs increase.
Also, unitary variable costs remain the same in front of changes in output but total variable costs change directly proportional to variations in production.<em> It means if the volume in production increase so will total variable costs and vice versa.</em>
Answer:
1) For seeking unpaid compensation.
2)Yes
3) by being proactive and ensuring that their documentation is in order and complies with the Act to protect against future mechanic's liens.
Explanation:
1) Mechanic’s liens are legal documents that essentially reserve the rights of the filer to seek unpaid compensation.
2) If the subcontractor or supplier (Donald in this case) isn't paid by the general contractor (whatcom in this case), the law allows the subcontractors to come after the house owner (Alice and harry) and the real property that was improved (which is often a house).
3) Property owners should be proactive from the start. Even before the construction process begins, owners should ensure that their documentation is in order and complies with the Act to protect against future mechanic’s liens. The Act affords great protection for owners when the Act is strictly adhered to. Even minor deviations from the Act by general contractors or subcontractors may declare a lien unenforceable.
Before the improvement starts, the property owner should have: a written construction contract with the general contractor, a contractor’s sworn statement, lien waivers, and an owner’s sworn statement.
