42.ConsGrough, Inc. has increased its annual common dividend by 3% in each of the years that the company has existed. If you believe that the company can continue to do so indefinitely, then what price would you be will to pay for ConsGrough if the required rate of return is 6% and the dividend that it paid yesterday was $5? a.$85.83 b.$166.67 c.$171.67 […]
11. All of these are rules of friendship EXCEPT: A. don’t nag. B. keep confidences. C. keep the friendship exclusive. D. volunteer to help in time of need. 12. Concerning the rules of friendships, which of the following statements is true? A. Women have high standards for friends. B. Men expect more loyalty and similarity in friendships than women do. C. We tend to chose friends who are different from us […]
PART I — MULTIPLE CHOICE (26 points) Instructions: Designate the best answer for each of the following questions. 1. Office Stuff produced 15,000 file cabinets at a cost of $80,000. Production for the period was estimated at 14,000 file cabinets at a cost of $75,000. On which of the following should the flexible budget be based? a. Budgeted costs of actual production b. […]
31) Assume the U.S. population is 300 million. If 200 million people are of working age, 125 million are employed, and 15 million are unemployed, what is the size of the labor force? A) 200 million B) 140 million C) 125 million D) 215 million E) 175 million 32) The unemployment rate is the A) number of unemployed people. B) percentage of the population […]
81.Anincreaseintheexpectedpricelevelshiftsthe a.short-runandlong-runaggregatesupplycurvesleft. b.theshort-runbutnotthelong-runaggregatesupplycurveleft. c.thelong-runbutnottheshort-runaggregatesupplycurveleft. d.neitherthelong-runnortheshort-runaggregatesupplycurveleft. 82.Adecreaseintheexpectedpricelevelshifts a.onlythelong-runaggregatesupplycurveright. b.onlytheshort-runaggregatesupplycurveright. c.boththeshort-runandthelong-runaggregatesupplycurveright. d.Neithertheshort-runnorthelong-runaggregatesupplycurveright. 83.Whichofthefollowingshiftstheshort-runaggregatesupplycurveright? a.bothanincreaseinthepricelevelthatisgreaterthanexpectedandanincreaseintheexpectedpricelevel. b.anincreaseinthepricelevelthatisgreaterthanexpected,butnotanincreaseintheexpectedpricelevel. c.anincreaseintheexpectedpricelevel,butnotanincreaseinthepricelevelthatisgreaterthanexpected. d.neitheranincreaseinthepricelevelthatisgreaterthanexpectednoranincreaseintheexpectedpricelevel. 84.Anincreaseintheexpectedpricelevelshiftsshort-runaggregatesupplytothe a.right,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheright. b.right,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply. c.left,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheleft. d.left,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply. 85.Adecreaseintheexpectedpricelevelshiftsshort-runaggregatesupplytothe a.right,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheright. b.right,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply. c.left,andanincreaseintheactualpricelevelshiftsshort-runaggregatesupplytotheleft. d.left,andanincreaseintheactualpriceleveldoesnotshiftshort-runaggregatesupply. 86.Whichofthefollowingshiftsboththeshort-runandlong-runaggregatesupplyright? a.anincreaseintheactualpricelevel b.anincreaseintheexpectedpricelevel c.anincreaseinthecapitalstock d.Noneoftheaboveiscorrect. 87.Whichofthefollowingshiftsbothshort-runandlong-runaggregatesupplyleft? a.adecreaseintheactualpricelevel b.adecreaseintheexpectedpricelevel c.adecreaseinthecapitalstock d.adecreaseinthemoneysupply 88.Whichofthefollowingshiftsshort-run,butnotlong-runaggregatesupplyright? a.adecreaseintheactualpricelevel b.adecreaseintheexpectedpricelevel c.adecreaseinthecapitalstock d.anincreaseinthemoneysupply 89.Whichofthefollowingshiftsshort-runaggregatesupplyright? a.anincreaseintheminimumwage b.anincreaseinimmigrationfromabroad c.anincreaseinthepriceofoil d.anincreaseintheactualpricelevel 90.Whichofthefollowingshiftsshort-runaggregatesupplyleft? a.anincreaseintheactualpricelevel b.anincreaseintheexpectedpricelevel c.anincreaseinthecapitalstock d.Noneoftheaboveiscorrect. 91.Whichofthefollowingshiftstheshort-runaggregatesupplycurvetotheright? a.anincreaseinthemoneysupply b.anincreaseinthepricelevel c.adecreaseintheexpectedpricelevel d.Alloftheabovearecorrect. 92.Whichofthefollowingshiftsshort-runaggregatesupplyright? a.anincreaseinthepricelevel b.anincreaseintheminimumwage c.adecreaseinthepriceofoil d.morepeoplemigrateabroadthanimmigratefromabroad 93.Whichofthefollowingshiftstheshort-runaggregatesupplycurvetotheright? a.adecreaseintheactualpricelevel b.anincreaseintheactualpricelevel c.adecreaseintheexpectedpricelevel […]
51) An economy may not quickly and automatically eliminate a recessionary output gap because wages A) never change in response to changes in the demand for labour. B) have a tendency to be sticky downward. C) have a tendency to fall too quickly. D) have a tendency to rise too quickly. E) are flexible but prices have a tendency to be sticky downward. 52) […]
96) In measuring the unemployment rate, part-time workers are ________, and discouraged workers are ________. A) included as employed; included as unemployed B) excluded; included as unemployed C) included as employed; excluded D) excluded; excluded E) included as unemployed if they are involuntary part-time workers; excluded 97) In a country with a working-age population of 200 million, 140 million people are employed and 20 […]
15.3 Influencing Inflation and Unemployment 1) The expected inflation rate is the A) inflation rate that people forecast and use to set the money wage and other money prices. B) rate that people expect the Bureau of Labor Statistics to announce each month, on which bookies take bets. C) inter-annual, non-energy inflation rate. D) inflation rate that the Federal Reserve system announces as the […]
51. John, age 25, is a full-time student at a state university. John lives with his unmarried sister, Ann, who provides over half of his support. His only income is $4,000 of wages from a part-time job at the college book store. What is Ann’s filing status for 2014? a.Single b.Head of household c.Married, filing separately d.Qualifying widow(er) e.None of the above 52. Robert is a […]
68.Your team has been put in charge of a major project involving a client. Although the organization has many clients, this particular project is the largest source of revenue and affects the work of several other teams in the organization. The project requires continuous involvement with the client, so any problem with the client is immediately felt by others in the organization. According to […]
54. Which of the following helps analysts understand the relationship between two financial statement items?
A)common-sized financial statements
B)performance analysis
C)ratio analysis
D)trend analysis
55. Which of the following statements about the current ratio is false?
A)it includes inventories
B)it is a measure of profitability
C)it is equal to current assets divided by current liabilities
D)it is affected by the accounting methods used by a company
56. Which of the following statements about sources of external standards for evaluating firm's performance is false?
A)Much of the information provided by investor services comes from firms' annual reports
B)Investor services often provide comparative ratios as well as other financial information
C)Investor services must follow SEC guidelines for reporting form and terminology used
D)All the information available to internal users is not provided by external sources
57. What are the two elements of return on assets?
A)return on equity and return on sales
B)return on equity and asset turnover
C)return on sales and asset turnover
D)return on sales and profit margin
58. The total asset turnover ratio measures
A)how well a firm uses its assets to produce sales
B)the rate of return on a firm's investment in assets
C)the portion of assets that has been financed by investors
D)the portion of assets that has been financed by creditors
59. Which of the following statements about the current ratio is false?
A)A firm with a higher current ratio is better off than one with a lower current ratio
B)It is determined by dividing current assets by current liabilities
C)It is affected by the accounting methods firms use
D)It is larger than the quick ratio
60. When decision-makers want to know how well a firm manages the amounts owed to them by customers as compared to other firm's, they should use
A)current ratio
B)asset turnover
C)cash flow per share
D)average collection period
61. Which of the following would be most useful to you in deciding whether or not to make a short-term loan to a firm?
A)return on assets
B)return on sales
C)current ratio
D)EPS
62. Which combination of ratios describes the length of the operating cycle?
A) Days in the Selling Period + Days in the Collection Period
B) Days in the Collection Period + Days in the Payment Period
C) Days in the Collection Period + Days in the Selling Period + Days in the Payment Period
D) Days in the Payment Period + Days in the Selling Period
63. Which of the following ratios would be computed automatically in performing vertical analysis of an income statement?
A)dividend payout ratio
B)earnings per share
C)return on sales
D)current ratio
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more