Potential earning power, which determines the true value of the firm, is best calculated using the _____ method.
a. price/earnings ratio
b. adjusted tangible book value
c. discounted earnings
d. multiple of earnings
ANSWER: c
You might also like to view...
A(n) ________ is when a company might seek new businesses to purchase that have no relationship to its current technology, products, or markets
A) concentric strategy B) conglomerate strategy C) horizontal strategy D) intensive growth strategy E) integrative strategy
What problems does feedback help minimize?
What will be an ideal response?
________ refers to monetary damages that are awarded to punish a defendant who either intentionally or recklessly injured the plaintiff
A) Reliance damages B) Consequential damages C) Punitive damages D) Nominal damages
The tort of palming off involves:
A) Blaming another for one's own actions and communicating that blame to at least one other person. B) Making false statements about the goods of another. C) Representing one's own goods to be those of a competitor. D) Knowingly selling goods that are defective. E) Failing to credit another for that other person's legal accomplishments.