(Page 112) 3-1 to 3.7‚ 3-1 Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20‚000. What is the level of its accounts receivable? Assume there are 365 days in a year. Answer: Day Sales Outstanding= Receivables / Average Sales per day AR = 20 X $20000 = $400‚000 3-2 Vigo vacations has an equity multiplier of 2.5.The company’s assets are financed assets with some combination of long-term debt and common equity. What is the company’s debt ratio? Answer: The
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Bus 320: Quiz 3 Solutions White version True/False Questions: Circle the correct response. (2 points each) 1. T F In theory‚ if two assets have the same expected cash flows they will always have the same price. 2. T F Using margin to buy stocks can negate the limited liability aspect of investing in corporations. 3. T F Management of a company generally prefers non-cumulative to cumulative share voting. 4. T F Since the returns of well-diversified portfolios move very much in line
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American History X “The sad truth is that most evil is done by people who never make up their minds to be good or evil” was a wise phase once uttered by Hannah Arendt. I love this quote because is perfectly describes the two boys from “American History X‚” Danny and Derek. These two boys have seen and done it all when it comes to hate groups‚ as both were members of a neo-nazi hate group. Neo- Nazi hate groups use authoritarian‚ scapegoat‚ normative‚ and exploitation theories to justify
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Question: Topic: Minutes: 1 Individual PM/Behavioral 15 Reading References: 2011 Level III‚ Volume 2‚ Study Session 3‚ Reading 7‚ pp. 5–12 “Heuristic-Driven Bias: The First Theme‚” Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing‚ Hersh Shefrin (Oxford University School Press‚ 2002) 2011 Level III‚ Volume 2‚ Study Session 3‚ Reading 8‚ pp13–20 “Frame Dependence: The Second Theme‚” Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology
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automatically label it the dark period in American history even though this time period helped display other characteristics like creativity and adaptability. By forming unions to gradually improve wages and working conditions or by businessmen’s development of strategies and new structures to create a path for modern American capitalism to flourish. (This tad bit is just my little opinion of just looking at both the bad and good in this section of history) I would say that we are in a type
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CIS 207 Week 2/3 Quiz Answer the following True or False. 1. Software is a set of instructions that tells Computer what to do. True 2. Word processing software is not a type of application Software. False 3. Electronic Data Interchange software is a form of “groupware” True 4. The computer operating system starts the “boot sequence” using information retrieved from the boot sector of a drive(this can be a HDD‚ USB stick‚ etc) True 5. Multitasking systems always allow you to conduct at least
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History of Theatre Early in the 1700’s British people that were involved with theatre were mostly middle class. There were 2 kinds of new dramatic theatre: sentimental comedy and domestic tragedy. The fist playhouse was in the American colonies was built in Williamsburg‚ Virginia. In 1741 the greatest British actor was born and his name was David Garrick. Aeschylus wrote the first major playwright and multiple contests. "The Orestria" was the last remaining tragic trilogy. Sophocles
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Chapter 3: Tort Law Exercises True or False? 1. The standard of proof for tort actions is on a balance of probabilities. (T) 2. Many actions that were originally torts have become offences under provincial statutes. (T) 3. To prove that a defendant has committed a tort‚ a plaintiff must establish that the defendant’s actions were the sole cause of the harm. (F) 4. A fiduciary duty is an enhanced duty of care that flows from a relationship of special trust. (T) 5. The burden of proving a
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Jasmine Johnston 5th period The History of American Football Even though football is an American game its origins came from villages and schools in Europe for many centuries before America was even settled by Europeans. They played in the streets and oddly used a lemon as their ball. Soon many universities started creating their own teams and competing against each other. It took awhile‚ however‚ because it was a very rough and violent game so many colleges banned the game. Walter
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Which of the following is not practicing before the Internal Revenue Service? A. Preparing the tax return‚ furnishing information at the request of the IRS‚ or appearing as a witness for a taxpayer. B. Communicating with the IRS for a taxpayer regarding the taxpayer’s rights‚ privileges‚ or liabilities under laws and regulations administered by the IRS. C. Preparing necessary documents and filing them with the IRS for the taxpayer whose tax returns were prepared by a different practitioner. D. Representing
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