Stock splits and stock dividends ________
A) are just paper financial transactions
B) divide the firm's existing shares into multiple shares with the same total dollar value
C) may be used to signal management's intentions to the marketplace
D) All of the above
Answer: D
Business
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________ is more valuable because it can provide companies with a sustainable competitive advantage that is harder for competitors to imitate
A) Tacit knowledge B) Explicit knowledge C) Imitable knowledge D) Transferable knowledge E) Durable knowledge
Business
Let the random variable Z follow a standard normal distribution, and let z1be a possible value of Z that is representing the 75th percentile of the standard normal distribution. Find the value of z1
A) 0.67 B) -0.67 C) 1.28 D) -1.28
Business