Financial information for Accessories Unlimited includes the following selected data: Net income (in millions)$150 Shares outstanding (in millions) 300 Stock price$20.00 What is the company's price-earnings ratio?
A. 60.0.
B. 40.0.
C. 20.0.
D. 80.0.
Answer: B
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When dealing with an opportunistic employee, it is best to provide lengthy explanations regarding disciplinary actions you take because that is about the only way to get such an employee to comply
Indicate whether the statement is true or false.
Nabais Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below: Units Percent Complete withRespect to ConversionBeginning work in process inventory 3,300 80%Transferred in from the prior department during October 30,700 Completed and transferred to the next department during October 32,200 Ending work in process inventory 1,800 60%What were the equivalent units for conversion costs in the Lubricating Department for October?
A. 32,200 B. 33,280 C. 29,200 D. 31,780
Which of the following statements is CORRECT?
A. Because bankruptcy requires that corporate bondholders be paid in full before stockholders receive anything, bondholders generally prefer to see corporate managers invest in high risk/high return projects rather than low risk/low return projects. B. Since bondholders receive fixed payments, they do not share in the gains if risky projects turn out to be highly successful. However, they do share in the losses if risky projects fail and drive the firm into bankruptcy. Therefore, bondholders generally prefer to see corporate managers invest in low risk/low return projects rather than high risk/high return projects. C. One advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership. D. One drawback of forming a corporation is that you lose the limited liability that you would otherwise receive as a proprietor. E. Potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock.
The term ________ is commonly associated with web applications that facilitate interactive information sharing, interoperability, user-centered design, and collaboration on the World Wide Web.
A. e-commerce B. rich media C. Web 2.0 D. Web 1.0 E. paid search