In an inefficient market, securities are typically in equilibrium, which means that they are fairly priced and that their expected returns equal their required returns

Direct marketers are most affected by which federal legislation?

a. Robinson-Patman Act b. 30-day rule c. Green River ordinances d. blue laws

The balance sheet item that represents the portion of owners' equity resulting from profitable operations of the business is:

A. Accounts receivable. B. Cash. C. Capital stock. D. Retained earnings.