A retailer has a beginning inventory (at cost) of $62,000, purchases (at cost) of $17,000, and transportation charges of $1,600 . Its merchandise available for sale is $79,000

Courts will pierce the corporate veil if the corporation has been formed without sufficient

capital. Indicate whether the statement is true or false

In an efficient market, prices appear to move randomly because

A) investors do not process new information correctly. B) only new information affects stock prices. C) insider trading has an unpredictable effect on stock prices. D) the number of investors who can forecast prices correctly is too small to have any effect.