Question 241
Given the historical returns for the two stocks listed below, what can be said about the correlation coefficient?
Question 242
Which of the following conditions is not a criterion for classifying a lease as a capital lease?
Question 243
Kerry Sol is an investment manager who uses client brokerage to purchase research from a broker.
Kerry directs all of her equity investing client's brokerage through this broker. The amount paid for the research was reasonable. The research obtained relates to debt securities. These debt securities are not suitable for her equity-investing clients. Has Kerry violated CFA Institute's Standards of Professional
Conduct?
Kerry directs all of her equity investing client's brokerage through this broker. The amount paid for the research was reasonable. The research obtained relates to debt securities. These debt securities are not suitable for her equity-investing clients. Has Kerry violated CFA Institute's Standards of Professional
Conduct?
Question 244
At December 30, 2000, Vidio Company had 1,000,000 shares of common stock, 200,000 of which had been issued on October 1, 2000. The company declared a 2 for 1 stock split on December 31, 2000.
The weighted number of shares outstanding for calculation of EPS would be
The weighted number of shares outstanding for calculation of EPS would be
Question 245
Gumbo Co. uses straight line depreciation for financial reporting and double declining balance for tax.
Using straight line the company reports tax of $18,000; under double declining balance tax is $14,000.
Gumbo would report a:
Using straight line the company reports tax of $18,000; under double declining balance tax is $14,000.
Gumbo would report a: