Answer:
The correct answer is letter "D": All securities in an efficient market are zero net present value investments.
Explanation:
The Efficient Market Hypothesis (EMH) states that neither public or insider information cannot help in an attempt to beat the market because stocks already show all available information possible. Thus, neither using technical or fundamental analysis could be useful to predict future stock price movement.
<em>In other words, in a market under EMH all stocks are zero Net Present Value (present value inflows minus present value outflows) investment vehicles.</em>
Answer:
See below
Explanation:
The preparation of the end December income statement for the company is seen below;
Service revenue
$8,800
Less:
Salaries expenses
($1,950)
Utilities expenses
($1,000)
Net income
$5,850
Capacity ratio is a comparison of the number of working days in the budgeted period as well as the actual number of working days in the same period.
<h3>What is the c
apacity ratio?</h3>
Your information is incomplete. Therefore, an overview of the capacity ratio will be given.
Capacity ratio defines to show the capacity. The capacity utilization ratio simply measures whether the total direct labor hours worked in a production cost center in a period was either greater or less than what was budgeted.
It is calculated as:
= (Actual direct labor hours worked/budgeted direct labor hours) × 100%.
Learn more about capacity ratio on:
brainly.com/question/26092288
Answer:
A. Reset the temporary accounts and update retained earnings.
Explanation:
This is a performed by an organisation in form of transferring data of financial values from temporary accounts and its is been moved to the permanent account. Amidst these, the temporary account is said to balanced in such a way to be zero; because when not done so, the remaining data from the temporary account will be moved to the permanent account.
Process involved in this includes: Closing summaries that belong to income accounts and move to income summary. Also all expense accounts to income summary.
Answer:
Gross Impressions
Explanation:
Gross impressions represent the total number of households or individuals that is represented by a given media schedule. It is the impression that an advertisement gets. It is the total sum of audiences that is individuals or households that is exposed to the same commercial or program on multiple occasions. It is different to gross rating points. The latter deals with the number of impressions while the former deals with the number of audiences.
In this case, gross impressions
= Audience × number of ads
= 115000 × 16
= 1840000
