The face value for a share of stock, printed on the stock certificate, is the stock's:
A. Liquidation value
B. Stated value
C. Par value
D. Book value
E. None of the above
Ans: C. Par value
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Standard Deviation: View Point Industries has forecast a rate of return of 20.00% if the economy booms (25.00% probability); a rate of return of 15.00% if the economy in in a growth phase (45.00% probability); a rate of return of 2.50% if the economy in in decline (20.00% probability); and a rate of return of -15.00% if the economy in a depression (10.00% probability). What is View Point's standard deviation of returns?
A) 17.31% B) 9.25% C) 15.00% D) 10.46%
The purpose of carrying inventory is to
A) have collateral for loans. B) make sales more independent of the production process. C) make different production processes more dependent on sales. D) improve the current ratio.