Answer:The information was expected is the most likely reason why a stock price might not react at all on the day that new information related to the stock’s issuer is released. Assuming the market is semi strong form efficient.
<u>Explanation:</u>
The major reason that the stock price might not react to the information related to that stock was the expectancy of information in advance. It was a piece of expected information. When something is expected then our response towards it does not bring much change.
Similarly, when it is already expected to get some information related to the stock, on receiving that information the stock price does not react. It means it might neither fall nor rise.
Answer:
Total production= 20,600 units
Explanation:
Giving the following information:
Marvel’s expected sales are 20,000 bookcases for the quarter. The company begins the quarter with an inventory of 3,000 bookcases and wants to have enough finished bookcases on hand at the end of the quarter to provide for 15% of the next quarter’s expected sales of 24,000 bookcases.
Sales= 20,000 units
Ending inventory= (24,000*0.15)= 3,600
Beginning inventory= 3,000 (-)
Total production= 20,600 units
Answer:
The GDP price index for 1984 using 2005 as the base year was 80%
Explanation:
The GDP price index:
X/100 = $16/$20
X = 80%
Therefore, The GDP price index for 1984 using 2005 as the base year was 80%
Answer: C. Top level managers may pursue their own interests over that of the company.
Explanation:
The scenario given in the question explains that top level managers may pursue their own interests over that of the company.
In the case of sole proprietorship or partnership business, the revenue generated by the firm or the profit made belongs to the owners. In the case of of a Corporation, this isn't the case as the revenue should be used for Shareholders benefits. Sometimes, there may be a conflict of interest which may then bring about a situation whereby the top level managers pursue their own interests over that of the company.
Hence, the correct option is C.
Answer:
$6,000
Explanation:
depreciable basis $30,000
recovery period 5 years
using the MACRS table for half year convention, 200% declining balance, the depreciation expense per year:
year depreciation % depreciation expense
1 20% $6,000
2 32% $9,600
3 19.20% $5,760
4 11.52% $3,456
5 11.52% $3,456
6 5.76% $1,728
