单选题Which of the following is least likely an effect of anticipated inflation on an economy?
单选题Compared with fundamental analysis, does technical analysis place more emphasis on （ ）
单选题Are the following two statements about the marginal revenue product (MRP) of a factor of production correct? Statement 1: In a price taker market, the MRP of an input is the marginal product of the input multiplied by the price of the output it generates. Statement 2: If we compare any two productive inputs, the one with the higher MRP will earn greater economic rent. Statement 1 Statement 2 ①A. Correct Correct ②B. Incorrect Correct ③C. Correct Incorrect
单选题Which of the following statements about the LIFO and FIFO inventory accounting methods is least accurate? A. For purposes of inventory analysis, FIFO is preferred over LIFO. B. FIFO cost of goods sold--LIFO cost of goods sold-change in LIFO reserve. C. In periods of declining prices, LIFO debt-to-equity ratios are higher than FIFO debt-to-equity ratios.
单选题An economist is developing a regression model of real GDP as a
function of labor input. She needs to select a time series that represents the
total amount of labor performed in a year. Which of the following is the most
appropriate indicator of total labor performed that she can use for this model?
A. Aggregate hours.
B. Average workweek.
C. Number of employed.
单选题Which of the following statements about trading shares of stock or
market efficiency is FALSE?
A. Maintenance margin is the required percentage of an investor's equity
compared to the total value of the stock after the investor trades on
margin.
B. The up tick rule requires that the last trade in the security be at a
price higher than the previous trade.
C. External efficiency means prices adjust rapidly to new
information.
单选题One of the most commonly used yield spread measures is the nominal spread. Which of the following is a limitation of nominal spread? The nominal spread assumes:
单选题Which of the following statements about efficient markets and indexes is FALSE?? A. An unweighted index assumes that investors make and maintain an equal dollar investment in each stock in the index. B. External efficiency means prices adjust rapidly to new information. C. Efficient markets tests have found that stocks with high price-to-earnings ratios (P/E) tend to outperform stocks with low P/E ratios.
单选题An argument against using the price to cash flow (P/CF) valuation approach is that:
单选题An analyst does research about free cash flow to the firm and gathers the following information about a company: ·Cash flow from operations is $1600 ·Interest paid is $300 ·Capital expenditures is $900 ·Depreciation is $200 ·Tax rate is 35% Under U. S. Generally Accepted Accounting Principles (U. S. GAAP), free cash flow to the firm is closest to: A. $795 B. $895 C. $1095
单选题A combination of interest rate calls is referred to as an interest rate:
单选题A company recently purchased a warehouse property and related equipment (shelving, forklifts, etc
单选题A security has a 30% chance of producing a 15% return and a 70% chance of producing a 4% return. The variance of the security is closest to:
单选题The stock of GBK Corporation has a beta of 0
单选题If the distribution of the population from which samples of size n are drawn is positively skewed and given that the sample size, n, is large, the sampling distribution of the sample means is most likely tohave a:
单选题Which of the following would be most likely to have gains from an unexpected increase in the inflation rate?
单选题When a firm operates under conditions of pure competition, marginal
revenue always equals:
A. price.
B. average fixed cost.
C. average variable cost.
单选题A private agreement between two parties to exchange a series of future cash flows, with at least one of the two series of cash flows determined by a later outcome, is best characterized as a(n):
单选题At the end of 2007, Decatur Corporation reported last-in, first-out (LIFO) inventory of $ 20 million, cost of goods sold (COGS) of $64 million, and inventory purchases of $58 million. If the LIFO reserve was $ 6 million at the end of 2006 and $16 million at the end of 2007, compute first-in, first-out (FIFO) inventory at the end of 2007 and FIFO COGS for the year ended 2007. FIFO Inventory FIFO COGS A. $ 36 million $ 74 million B. $ 36 million $ 54 million C. $ 26 million $ 54 million
单选题Dot-com companies are often valued by applying the ______ ratio. A. Price/Sales. B. Price/Earnings. C. Price/Cash Flow.