Most studies of stock market efficiency suggest that the stock market is highly efficient in the weak-form and reasonably efficient in the semistrong-form. assuming these findings are correct, which of the following statements is correct? a. you have been tracking a stock’s price over the past 6 months, and you note that this particular stock has tended to rise sharply immediately after it has fallen for three days. you can use this information to devise a trading strategy that will you beat the market. b. information you read in the wall street journal cannot be used to select stocks that are likely to produce above-average rates of return. c. if you apply financial analysis properly, you can use information provided in companies’ annual reports to earn above-average returns. d. you notice that a company’s stock price always seems to swing back and forth--whenever it by 10% or more, it seems to recover and to eventually exceed its former high. since its price has fallen during the past 2 months, now is a great time to buy it before it takes off again. e. even if you possess insider information, you cannot use this information to earn above-average returns because such information will already be reflected in stock prices.

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.

What resourse is both renewable and inexpensive? gold coal lumber mineral

Accounting! will give five star the bixby co. had the following transactions involving the purchase of merchandise. prepare the necessary general journal entries. any applicable freight costs are prepaid by the seller. the perpetual inventory method is in use. june 16 purchased merchandise having a price of 6,000 from the shelby manufacturing co. on account with credit terms 2/10, n/30. transportation terms fob destination. june 16 purchased merchandise having a price of 9,000 from the ajax supply house on account with credit terms 2/10, n/30. transportation terms fob shipping point. the freight costs were 175. june 17 received the goods from shelby june 17 received the goods from ajax june 20 returned for credit merchandise with an invoice price of 800 to ajax june 25 paid shelby the amount owed june 28 paid ajax the amount owed june 30 returned for cash, merchandise with an invoice price of 400 to shelby questions: prepare the necessary general journal entry for june 16, purchased merchandise having a price of 6000 from shelby manufacturing co prepare the necessary general journal entry for june 17, received goods from shelby merchandise inventory 6000 prepare the necessary general journal entry for june 25 prepare the necessary general journal entry for june 28