Presented below are selected data from the financial statements of Parade Corp 2016 2017 Net income $150,000 $123,000 Weighted average number of common shares outstanding 105,000 95,000 Market price per share of common stock at the end of the year $12.00 $10.00 The price/earnings ratio for 2017 is
a. .80 to 1
b. 1.43 to 1
c. 8.39 to 1
d. 12.50 to 1
c
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An example of an "exception routine" is a(n):
a. back order process b. inventory subroutine c. customer acknowledgement process d. sales order processing process
The current and quick ratios have two limitations. These ratios
a. emphasize the ineffectiveness of analysts' calculations, and focus on liquid assets at a point in time instead of a period of time. b. focus on cash instead of working capital, and they represent a point in time instead of covering a period of time. c. focus on working capital instead of cash, and they represent a point in time instead of covering a period of time. d. are ignored by most creditors, and focus on working capital instead of cash.
The ______ is the proportion of variation explained by regression.
a. standard error of the estimate b. total sum of squares (SST) c. correlation coefficient d. coefficient of determination
Which is not a guideline that can help analysts to take a systematic approach to analysis?
A) Examine documents for key or guiding metaphors. B) Look for insiders versus outsiders or "we against them" mentality in documents. C) List terms that characterize good or evil which almost never appear in documents. D) Recognize a sense of humor, if present.