Study guides, Revision notes & Summaries

1859 - correct answer Great brition was under attack from the french, since most of the british army was deployed volunteers formed 'cadet companies' to stay back and protect their land March 18th 1860 - correct answer The formation of the cadet movement began to grow as a need to get young boys out of the slums arouse. Miss Octavia Hill - correct answer Formed the first cadet company in London which is known as the Southwark Cadet Company. She wanted young men to learn th...

Bonds a. What are the expected cash flows? b. What is the appropriate discount rate? - correct answer a. coupon + principal b. debt cost of capital Equity a. What are the expected cash flows? b. What is the appropriate discount rate? - correct answer a. Dividends and capital gains b. Equity cost of capital Entire Firm a. What are the expected cash flows? b. What is the appropriate discount rate? - correct answer a. FCF + TV b. WACC a. What do discount rates in ge...

How do you recognise if something is part of PP&E? - correct answer -used in production or supply of goods or services, rental or admin -Expected to be used for more than 1 year, -Has physical substance -Includes assets constructed by the enterprise -Probable that future economic benefits will flow to the company -Cost can be measured reliably When do you recognise Expense of PP&E- DEPRECIATION? - correct answer Initial costs: Purchase price, Delivery and import duties & t...

The j-th order autocorrelation function is defined as - correct answer rho(j) = gamma(j)/gamma(0) = ([E(X(t)-mew)*E(X(t-j)-mew)])/(E[(X(t) - mew)^2]) = (Cov(X(t),X(t-j))/Var(X(t) for j = 0,1,2,... with -1 <= rho(j) <= 1 The plot of rho(j) against j = 0,1,2,... is called - correct answer the correlogram For a stationary ergodic process, the ACF can be estimated by the sample moments as follows - correct answer y bar = (1/T) * Summation from t=1 to T of y(t) si...

What is one false statements about food establishment inspections? - correct answer In most jurisdictions, regulatory personnel inspect food establishments two to four times per year From a sanitation standpoint, which of the following criteria should be least important when selecting materials for walls, floors and ceilings? - correct answer Cost Which of the following statement about proper hand washing techniques is false? - correct answer Plastic gloves eliminate the nee...

If a firm wants to increase its share price, it must cut its dividend and invest more. - correct answer False A firm can increase its growth rate by retaining more of its earnings. - correct answer True If the firm retains more earnings, it will be able to pay out less of those earnings, which means that the firm will have to increase its dividend. - correct answer False Cutting the firm's dividend to increase investment will raise the stock price if, and only if, the ne...

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