Risks that are peculiar to a single firm: Multiple Choice tend to cause stocks to move together are called market risks cannot be diversified away are called specific risks

Druganaut company buys a $21,000 van on credit. the transaction will affect the

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond