The price/earnings ratio:
a. is not a function of the market.
b. is calculated using diluted earnings per share before nonrecurring items.
c. indicates low-growth-potential firms have higher price/earnings ratios.
d. is calculated using basic earnings per share before nonrecurring items.
b
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Pager, a simple personal device for short messages, became famous in the 1990s. Troveron Communications launched a pager in the early twenty-first century
Due to the introduction of mobile phones and text messaging, the pager industry was on a decline. The company's innovations were not well received by the market and the product was a failure. Which of the following is the most likely reason for the product's failure in this case? A) poor launch timing of the product B) a small and fragmented target market C) high cost of development D) social and economic constraints E) hasty product development
One problem with using EPS as a measure of profitability is that it does not consider the amount of ____________________ or ____________________ required to generate a particular level of earnings
Fill in the blank(s) with correct word
A major benefit of a global brand is the _____________________ with the scale economics that allow lower cost and higher profit margins.
a. Brand Allegiance b. Brand Loyalty c. New Product Line d. Cost Advantage
Michael is the maker of a note which states that it will be due on March 10, 2015. The note contains a clause stating that "payment will be limited to the proceeds of the sale of the contents of freight car No. 1234." Is the note negotiable? Why or why not? Explain