Question 621

When calculating diluted earnings per share, convertible securities are:
  • Question 622

    Consistent with capital market theory, systematic risk:
    I). refers to the variability in all risky assets caused by macroeconomic and other aggregate market-related variables.
    II). is measured by the coefficient of variation of returns on the market portfolio.
    III). refers to nondiversifiable risk.
  • Question 623

    Uwe, a foreign exchange student, bought a used car for $8,000 and resold it one year later for $5,300.
    Insurance, license and operating costs for the year were $1,900. What were his economic costs of owning and operating the car for the year if the market rate of interest was 10 percent?
  • Question 624

    A financial analyst has gathered the following information from balance sheet and income statement of a company:

    What is the cash flow from financing activities?
  • Question 625

    The _____ is the period of time required for the firm to acquire inventory, sell the finished goods, and collect the proceeds.