单选题At a recent symposium, "The Great Economic Debate of the Decade" several panelists were asked to state their opinions on aggregate demand and aggregate supply. Panelist 1 stated that he believed shifts in both aggregate demand and aggregate supply were driven primarily by changes in technology over time. Panelist 2 stated that she believed the focus of economic policy should be to directly increase aggregate demand by increasing the money supply or through fiscal policy. The views of Panelist 1 and Panelist 2 would best be described as which economic school of thought? Panelist 1 Panelist 2 ①A. Monetarist Classical ②B. Keynesian New Keynesian ③C. Classical Keynesian
单选题According to the International Financial Reporting Standards (IFRS), which of the following conditions should be satisfied to report revenue from the sale of goods on the income statement?
单选题A portfolio is equally invested in Stock A, with an expected return of 6 percent, and Stock B, with an expected return of 10 percent, and a risk-free asset with a return of 5 percent. The expected return on the portfolio is:
单选题In order to implement a more expansionary monetary policy, would an effective strategy for a governments central bank include( )
单选题According to the earnings multiplier model, which of the following factors is the least important in estimating a stock's price-to-earnings ratio? The: A. estimated required rate of return on the stock. B. historical dividend payout ratio. C. expected dividend payout ratio.
单选题A company
单选题Which of the following government interventions in market forces is most likely to cause overproduction?
单选题The null hypothesis is most likely to be rejected when the p-value of the test statistic:
单选题The following information relates to a futures market contract:
单选题Favor, Ine. ' s capital and related transactions during 2005 were as follows: On January 1, $1000000 of 5-year 10 percent annual interest bonds were issued to Cover In-dustries in exchange for old equipment owned by Cover. On June 30, $ 50000 of interest was paid to Cover On July 1, the bonds were returned to Favor in exchange for $1500000 par value six percent preferred stock. On December 31, preferred stock dividends of $ 45000 were paid to Cover. Favor, Inc. 's cash flow from financing (CFF) for 2005 (assume U. S. GAAP) is:
单选题Assume the economy is undergoing a recession. In its efforts to
stimulate the economy by trying to influence short-term interest rates the Fed
is most likely to take which two actions?
A. Sell Treasury securities and increase bank reserve requirements.
B. Buy Treasury securities and decrease bank reserve requirements.
C. Buy Treasury securities and increase bank reserve requirements.
单选题Which of the following statements provides the best description of
Nash equilibrium of two firms in the game of prisoners' dilemma?
A. One firm complies and the other cheats.
B. Both firms cheat and each firm makes zero economic profit.
C. Both firms comply and each firms makes a positive economic
profit.
单选题An analyst has calculated the following ratios for a firm:
Sales/Total Assets: 2.8
Net Profit Margin (%): 4
Return on Total Assets (%): 11.2
Total Asset/Equity: 1.6
The return on equity for this firm would be closest to:
单选题Which of the following characteristics least likely contributes to the reliability of financial statements?
单选题A test statistic is best defined as the difference between the sample statistic and the value of the population parameter under H0 divided by the:
单选题Assumea365-dayyearandthefollowinginformationforacompany:CurrentYearPreviousYearSales$12,000$10,000Costofgoodssold$9,000$7,500Inventory$1,200$1,000Accountspayable$600$600Thefirmsdaysofpayablesforthecurrentyearisclosestto:
单选题Thefollowinginformationisavailableforacompany:Bondsarepricedatparandtheyhaveanannualcouponrateof9.2%Preferredstockispricedat$8.18anditpaysanannualdividendof$1.35Commonequityhasabetaof1.3Therisk-freerateis4%andthemarketpremiumis11%Capitalstructure:Debt=30%;Preferredstock=15%;Commonequity=55%Thetaxrateis35%Theweightedaveragecostofcapital(WACC)forthecompanyisclosestto:
单选题Barracuda Corporation, a U. S. corporation, owns a subsidiary located in Germany. The German subsidiary's financial statements are maintained in euros. If the euro recently appreciated relative to the U.S. dollar, how would the unrealized translation gain affect Barracuda's retained earnings and total stockholders' equity? Retained earnings Total stockholders' equity A. No effect No effect
B. Increase Increase
C. No effect Increase
单选题Which of the following share repurchase methods will most likely take the longest amount of time to execute?
单选题Juniper Corp. has the following transactions in 2005. Juniper' s equipment with a book value of $ 55000 was sold for $ 85000 cash. A parcel of land was purchased for $100000 worth of Juniper common stock. ABC company paid Juniper preferred dividends of $ 40000. Juniper declared and paid a $100000 cash dividend. Using the indirect method, what is cash flow from financing (CFF) for Juniper for 2005?