Which of the following is NOT a widely stated reason as to why firms split their stock?
A) To remain at or return to a preferred trading range
B) A signal to the market about expected continued strong performance
C) Increased liquidity
D) To lower dividends per share and thus the total cost of dividends for the firm
Answer: D
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Which of the following statements is true?
a. The higher the discount rate, the higher the present value. b. The process of accumulating interest on interest is referred to as discounting. c. If money is worth 10% compounded annually, $1,100 due one year from today is equivalent to $1,000 today. d. If a single sum is due on December 31, 2012, the present value of that sum decreases as the date draws closer to December 31, 2012.
Benefits of project audits include
A) reduce time and cost overruns during execution. B) reduce project risks. C) provide project details with a known degree of uncertainty. D) all of the above.