It is sometimes suggested that since retained earnings provide the bulk of industrys capital needs, the securities
Question:
It is sometimes suggested that since retained earnings provide the bulk of industry’s capital needs, the securities markets are largely redundant. Do you agree?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (18 reviews)
Besides the function of providing funds to industry capital ...View the full answer
Answered By
Sufiyan Ahmed Tariq
I am a Chartered Accountant and an Associate Public & Finance Accountant. I also hold a bachelors of Commerce degree. I have over 8 years of experience in accounting, finance and auditing. Through out my career, I have worked with many leading multinational organisation.
I have helped a number of students in studies by teaching them key concepts of subjects like accounting, finance, corporate law and auditing. I help students understanding the complex situation by providing them daily life examples.
I can help you in the following subject / areas:
a) Accounting;
b) Finance;
c) Commerce;
d) Auditing; and
e) Corporate Law.
4.90+
7+ Reviews
17+ Question Solved
Related Book For
Principles of Corporate Finance
ISBN: 978-0072869460
7th edition
Authors: Richard A. Brealey, Stewart C. Myers
Question Posted:
Students also viewed these Corporate Finance questions
-
It is sometimes suggested that instead of seeking to maximize shareholder value and, in the process, pursuing profit, the firm should seek to maximize the welfare of all its stakeholders , such as...
-
It is sometimes suggested that the Fed should try to achieve zero inflation. If we assume that velocity is constant, does this zero-inflation goal require that the rate of money growth equal zero? If...
-
It is sometimes suggested that stocks with low priceearnings ratios tend to be under priced. Describe a possible test of this view. Be as precise as possible.
-
Wealthy Manufacturing Company purchased 40 percent of the voting shares of Diversified Products Corporation on March 23, 20X4. On December 31, 20X8, Wealthy Manufacturings controller attempted to...
-
Why do the iridescent colors seen in some seashells (such as abalone shells) change as the shells are viewed from various positions?
-
1. Can the basic interpersonal communication model be used as an aid in understanding the impact of Smart Phone usage? If so, how? 2. How have Smart Phones transformed the way in which business...
-
IFRS 3 has introduced a new concept into accounting for purchased goodwill annual impairment testing, rather than amortisation. Consider the effect of a change from amortisation of goodwill (in IAS...
-
1. How does RFID compare to bar-coding? 2. What is the economic payback in years for this possible RFID adoption? 3. What are the risks of adopting a new technology too early? Too late? 4. What do...
-
Determine the single equivalent rate of discount for the discount series 18%, 12%, and 9%. (1 - d 1 ) = ______ (1 - d 2 ) = _______ (1 - d 3 ) = ______ [1 - (1 - d 1 )(1 - d 2 )(1 - d 3 )] = ______ (...
-
Complete Alvins Music Inc.s (AMI) 2020 Form 1120, Schedule D, and Schedule G (if applicable) using the information provided below. Neither Form 4562 for depreciation nor Form 4797 for the sale of...
-
In Table 14.3 Rajan and Zingales use both book and market values of equity to measure debt ratios. Which measure results in the lower ratio?Why? Debt to Total Capital Book, Adjusted Market, Adjusted...
-
In 1999 Pfizer had 9,000 million shares of common stock authorized, 4,260 million in issue, and 3,847 million outstanding (figures rounded to the nearest million). Its equity account was as follows:...
-
Under IFRS, what are the two alternative presentation formats for the profit or loss section of the SCI?
-
Describe each speaker's verbal and non-verbal communication. Compare and contrast the strengths and weaknesses of each speaker and their communication. Explain what aspects of each speaker's verbal...
-
One Primary Source Annotation citation and annotation Share one primary source related your topic; provide the citation and a brief annotation. Just to clarify, a primary source is generally a first...
-
How is a Method different from an Object? Explain.Make sure in any explanation to use your own words and provide a comprehensive answer. Find two websites that provide specific help on Lists that you...
-
A client gives you the following feedback: "I would like to offer some feedback to you about the appraisal. You have completed the appraisal thoroughly and you have presented the information to us...
-
3 Diversification 1. Equally Weighted Portfolio (Total 20 points) (a) Setting and notations Consider an investment universe with n securities, S1, S2, ..., Sn. Given a fixed investment horizon, we...
-
Consider the circuit with a depletion load device shown in Figure P16.18. (a) For \(v_{X}=1.8 \mathrm{~V}\) and \(v_{Y}=0.1 \mathrm{~V}\), determine \(K_{D} / K_{L}\) such that \(v_{O}=0.1...
-
Find the area of the surface generated by revolving the para- metric curve x = cos 1, y = sin? 1 (0 < I sa/2) about the y-axis.
-
Assume that labor supply follows the following equation L s = 2 + w 1.8 . Assume that the wage is equal to 3 without taxes and that the after-tax wage is 2.4. What is labor supply with and without...
-
Geothermal Corporation has just received good news: its earnings increased by 20% from last years value. Most investors are anticipating an increase of 25%. Will Geothermals stock price increase or...
-
Here again are the six lessons of market efficiency. For each lesson give an example showing the lessons relevance to financial managers. a. Markets have no memory. b. Trust market prices. c. Read...
-
Give two or three examples of research results or events that raise doubts about market efficiency. Briefly explain why.
-
Homework: ACCE 307 Question 9, E14-21 (book/static) = Sp 22 Part 1 of 4 Best Drugs is a distributor of pharmaceutical products. Its ABC system has five activities: (Click the icon to view the...
-
Exercise 10-3 (Algo) Measures of Internal Business Process Performance [LO10-3] Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places...
-
Homework Chapter 26 Question 2 of 2 View Policies Current Attempt in Progress -150 1 Cancer Corporation accumulates the following data relative to jobs started and fed during the month of June 2022...
Study smarter with the SolutionInn App