An investment newsletter makes general predictions about the economy to help their clients make sound investment decisions. a) Recently they said that because the stock market had been up for the past three months in a row that it was "due for a correction" and advised their client to reduce their holdings. What "law" are they applying? Comment. b) They advised buying a stock that had gone down in the past four sessions because they said that it was clearly "due to bounce back." What "law" are they applying? Comment.

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?