True or false: A firm’s managers have greater motive to manipulate earnings upward in a soon to be released earnings report if insiders previously filed a 10-B5 stock sales program that has specified dates for sale of the insiders’ stock in the next few months   

Firm A has a pension.  The dollar return on its pension assets for 2024 was -$22 million for a negative 11% return on $200 million of pension assets at the start of the year.    At the start of 2024 the pension liabilities were $200 million.  Interest rates remained unchanged during the year.  In past years, the pension performed about as expected with respect to actuarial assumptions. a) Assuming no special changes to the pension plan, the firm will now have a net pension liability included in its liabilities at the end of 2024 b) The other comprehensive income (OCI) is likely going to be more negative in 2024 because of events relating to the pension plan c) All else equal, the impact of pension costs on GAAP net income will likely be more negative in 2025 than 2024. d) all the above e) a) and b) f) b) and c) g)  a) and c)  

Management of a firm is more likely to use aggressive accounting techniques to bump up earnings if  a) Many top managers are about to have in the money stock options become exercisable b) The firm is contemplating a management led buyout of the firm c) The firm is entering labor negotiations d) none of the above  

The following will make Cash Flow from Operations increase and Net income Increase in the current year a) An increase in the value of a marketable Equity security during the year b) Cutting Cash Advertising at the last few days of the year c) A large impairment of land expense during the year d) A change of an assumption that lowers GAAP non-cash Depreciation and Amortization at the start of the current year e) all the above f)  b) and d) g) none of the above

Jim’s Apparel manufactures dresses for sale at various boutiques.  Jim’s dresses are popular as Christmas gifts and for summer galas Summary Data FY end Dec 2023 FY Dec 2022 Sales 1420 1395 Cost of Goods Sold 1120 1075 Gross profit   298   320 Inventory   140    136 Finished Goods    125    96 Raw material and work in process    15    40 Which of the below opinions are most consistent with your own view a) Some analysts say that there is no increase in (inventory/Cost of goods sold) at the end of 2023 versus 2022 suggesting that inventory is at manageable levels b) Some analysts believe that a close look at the data indicates that there is discounting of apparel prices and difficulty moving merchandise near the end of the year  

When guarding a patient during gait training on even surfaces, the best position is

Although many of his predecessors favored direct military force in international affairs, William Howard Taft’s forgiven policy was more popularly know as ____________, which seemed committed to gaining and maintaining Imperialist positions without war?

Although president Harding was likely unaware of the extravagant corruption himself, many of his cabinet members and appointed officials repeatedly took bribes and sold favors to individuals as well as corporations. Perhaps the most notorious of these publicized scandals was _________?  

We measure week-end prices on Friday afternoon at 4:30PM. The prices the last four Friday afternoons, respectively (Week 3 corresponds to the most recent week, Week 0 corresponds to the oldest week), were: Week Price 0 $50 1 $53 2 $50 3 $46 What is the average annual log-return of this stock? Recall, there are 52 weeks in a year.

Which of the following molecules directly participates in the process of protein translation?