The efficient market hypothesis has some trouble explaining the existence of market anomalies

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Centric Sail Makers manufactures sails for sailboats

The company has the capacity to produce 36,000 sails per year and is currently producing and selling 30,000 sails per year. The following information relates to current production: Sales price per unit $180 Variable costs per unit: Manufacturing $60 Selling and administrative $20 Total fixed costs: Manufacturing $675,000 Selling and administrative $300,000 If a special pricing order is accepted for 5,500 sails at a sales price of $160 per unit, and fixed costs remain unchanged, what is the change in operating income? (Assume the special pricing order will require variable manufacturing costs and variable selling and administrative costs.) A) Operating income decreases by $880,000. B) Operating income increases by $880,000. C) Operating income decreases by $440,000. D) Operating income increases by $440,000.

Business

In fraud, the perpetrator tries to obtain money or other goods by threatening to take actions that would be against the victim's interest

Indicate whether the statement is true or false.

Business