Answer:
Semi-strong form efficiency.
Explanation:
Semi-strong form efficiency contends that security prices have factored in publicly-available market and that price changes to new equilibrium levels are reflections of that information. It is considered the most practical of all Efficient Market Hypothesis(EMH) hypotheses but is unable to explain the context for material nonpublic information (MNPI). It concludes that neither fundamental nor technical analysis can be used to achieve superior gains and suggests that only MNPI would benefit investors seeking to earn above average returns on investments.
b. percentage change; quantity demanded; percentage change; price
Answer:
d.$18,900
Explanation:
Gross Profit is the net of Sales value and production cost in the period for the units sold. Under absorption costing all the direct and indirect costs incurred in the production of products are included in the total production cost. As the cost is available for 100 units produced we need to calculate the cost of 90 unit and deduct this cost from the sales value to determine the gross profit and then deduct the operating expenses to calculate the operating income.
Sales (90 units) $90,000
Less: Production costs:
Direct materials ( $40,000 x 90/100 ) $36,000
Direct labor ( 20,000 x 90/100 ) $18,000
Variable factory overhead ( 2,000 x 90/100 ) $1,800
Fixed factory overhead ( 7,000 x 90/100 ) <u>$6,300</u>
Total Production cost <u>($62,100)</u>
Gross Profit $27,900
Less Operating expenses:
Variable operating expenses $8,000
Fixed operating expenses $1,000
<u>($9,000)</u>
Operating Income <u>$18,900</u>
Answer:
The answer is false. Partnerships can not sell stocks. They even can not issue shares to finance Thier requirements.
Only the public listed corporations can trade stocks and sell them to the open public in a registered stock exchange.
Explanation:
<u>Eminent domain</u><u> is the </u><u>governments</u><u>' power to take private land for public use.</u>
Which of the following is an involuntary alienation of property?
- Involuntary Alienation. Involuntary alienation is the transfer of real estate by law and without the owner's consent.
- There are 4 methods by which this is accomplished: foreclosure, eminent domain, adverse possession, and by escheat.
Which of the following is an involuntary alienation of property?
A grantor does not wish to be responsible for defects in the title that arise from previous owners but will guarantee the title for the time the grantor has the ownership.
What is involuntary alienation ?
Involuntary Alienation. Involuntary alienation is the transfer of ownership without consent and control of the owner.
Learn more about Involuntary Alienation
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