Which of the following observations would provide evidence against the semistrong form of the efficient market theory? Mutual fund managers do not on average make superior returns. You cannot make superior profits by buying (or selling) stocks after the announcement of an abnormal rise in dividends. Low P/E stocks tend to have positive abnormal returns. In any year approximately 50% of mutual funds outperform the market.

The legal form of business ownership that is owned by many people is called a

Which of the following accurately describes one way that individual goods differ from public goods? a. people can be excluded from using individual goods if they don't pay. b. all individual goods are normal goods. c. demand for individual goods is always inelastic. d. consumer rivalry results in decreasing marginal utility for individual goods.2b2t

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.