Which ratio compares the earnings per share of a company to the market price for a share of the company's stock?
A. Book value per share
B. Price-earnings ratio
C. Return on equity
D. Dividend yield
Answer: B
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During Lewin's changing stage, managers should
A. reduce the barriers to change. B. make employees dissatisfied with the present situation. C. reinforce the desired change. D. give employees new information, perspectives, and models for behavior. E. encourage employees to exhibit the new change.
Ruben Company purchased $100,000 of Evans Company bonds at 100 . Ruben later sold the bonds at $104,500 plus $500 in accrued interest. The journal entry to record the sale of the bonds would be
a. debit Cash, $105,000; credit Investment—Evans Company Bonds, $104,500, and Interest Revenue, $500 b. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, and Gain on Sale of Investments, $5,000 c. debit Cash, $104,500, and Interest Receivable, $500; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500 d. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500
How is a disposal of a segment of the business reported?
a. separately stated item on the income statement b. balance sheet c. statement of cash flows d. statement of retained earnings
The majority of states allow the injured party who has been induced to enter into a contract by fraud to recover only "out-of-pocket" damages equal to the difference between the value of what she has received and the value of what she has given for it
a. True b. False Indicate whether the statement is true or false