In reviewing the prior five year P/Es for a stock, why do you need to keep in mind the type of overall stock market that was experienced?
What will be an ideal response?
You need to do this because P/Es can be artificially high during strong bull markets or deceptively low during long bear markets and may therefore not be representative of future P/Es.
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Services have four unique characteristics that distinguish them from goods. Name and briefly define each of these four characteristics. Use the example of an airline to help describe each of the four characteristics.
What will be an ideal response?
Which of the following is not one of the factors driving an emphasis on supply chain management? a. An increasing emphasis on domestic sourcing due to the longer lead times and higher levels of pipeline inventories associated with global sourcing. b. The cost and availability of information resources among entities in the supply chain that allow easy linkages that eliminate time delays in the
network. c. The level of competition in both domestic and international markets requires organizations to be fast, agile, and flexible. d. Customer expectations and requirements that are becoming much more demanding. e. The ability of an organization's supply chain to identify and mitigate risk minimizes disruptions in both supply and downstream product or services to mitigate the impact on lost sales.
The difference between accrual-based revenue and accrual-based expenses in the period the activity occurred is called ____________________.
Fill in the blank(s) with the appropriate word(s).
In a heterogeneous group, the group members have dissimilar backgrounds and experiences
Indicate whether the statement is true or false