A high P/E ratio may be an indication that a stock is overpriced

Indicate whether the statement is true or false.


Answer: TRUE

Business

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The ____________ board is also called the “rubber stamp” board.

a. Passive b. Engaged c. Reactive d. Operating

Business

Which of the following code fragments would not raise an error?

A. DECLARE       v_amt1 number(5,2);       v_amt2 number(3,0); BEGIN       v_amt1 :=  32.50;       v_amt2 :=  ROUND(v_amt1)       DBMS_OUTPUT.PUT_LINE(v_ amt2); END; B. DECLARE       v_amt1 number(5,2);       v_amt2 number(3,0); BEGIN       v_amt1 :=  32.50;       v_amt2 :=  ROUND(v_amt1,1);       DBMS_OUTPUT.PUT_LINE(v_ amt2); END; C. DECLARE       v_amt1 number(5,2);       v_amt2 number(3,0); BEGIN       v_amt1 :=  32.50;       v_amt2 :=  ROUND v_amt1, 2;       DBMS_OUTPUT.PUT_LINE(v_ amt2); END; D. DECLARE       v_amt1 number(5,2);       v_amt2 number(3,0); BEGIN       v_amt1 :=  32.50;       v_amt2 :=  ROUND[v_amt1,0];       DBMS_OUTPUT.PUT_LINE(v_ amt2); END;

Business

A bank is absolutely liable to the drawer-depositor for paying any checks that have been materially altered

Indicate whether the statement is true or false

Business

Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $28,000 and variable expenses of $6,440. Product X96N had sales of $22,000 and variable expenses of $7,560. The fixed expenses of the entire company were $32,710. The break-even point for the entire company is closest to:

A. $45,431 B. $17,290 C. $32,710 D. $46,710

Business