The _____ divided by the beta of the market is equal to the slope of the Security Market Line.

A) Total return of the market.
B) Risk-free rate of return.
C) Real return of the market.
D) Market risk premium.
E) Nominal return of the market.

Zapper has beginning equity of $257,000,net income of $51,000,dividends paid of $40,000 and stockholder investments of $6,000.Its ending equity is:

A) $223,000.
B) $240,000.
C) $268,000.
D) $274,000.
E) $208,000.

If you're writing a formal business report,you should

A) use the impersonal journalism style.
B) rely on first- and second-person pronouns.
C) focus on similes,metaphors,and colorful language.
D) use contractions to engage your audience.
E) use colorful language to add interest.

The special account used only in the closing process to temporarily hold the amounts of revenues and expenses before the net difference is added to (or subtracted from) the owner's capital account is the:

A) Income Summary account.
B) Closing account.
C) Balance column account.
D) Contra account.
E) Nominal account.

Three key ingredients for the development of trust in virtual organizations are technology that can communicate emotion; a sharing of values, vision, and organizational identity; and a high standard of ethics.

Is the firm a perfect competitor or an imperfect competitor?