Under munich, a footwear manufacturer, recently announced that they have just designed a new footwear product which includes the latest technology. this news is totally unexpected and viewed as a major advancement in the footwear industry. which one of the following reactions to this announcement indicates the market for new labs stock is efficient? a. the price of under munich doesn't change, but then it increases one week after the announcement. b. the price of all stocks quickly increase in value and then all but under munich stock fall back to their original values. c. the price of under munich's stock suddenly increases, and then remains at that price. d. the price of under munich's stock increases rapidly, and then settles back to its pre-announcement level.

In a sumif conditional function, what should be the order of terms in the parentheses?

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.