Summarize the main characteristics of corporations.
Answer to relevant QuestionsState the statutory responsibilities of directors that are described in the Canada Business Corporations Act.1. Proponents of the efficient market hypothesis think technical analysts:a. Should focus on relative strengthb. Should focus on resistance levelsc. Should focus on support levelsd. Are wasting their time2. According to ...State four important implications of the EMH for investors and two implications for corporate officers.Assume that the information system is so advanced that the market, as confirmed by numerous unbiased studies, is efficient. Investment firms therefore decide to retire all portfolio managers and financial analysts and let ...In 2012, a firm’s revenue is $90,000, cost of sales is $40,000, rent is $10,000, depreciation is $2,000, and interest paid is $2,000. Its tax rate is 35 percent.a. Construct an income statement based on this information.b. ...
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