Explain the significance of a high price-earnings (P/E) ratio and what caution must be used when interpreting the P/E ratio.
What will be an ideal response?
A high price-earnings ratio indicates optimism about a company's future on the part of investors. Caution must be used when interpreting P/E ratios. A company can have a high P/E ratio due to very low earnings, rather than high optimism by investors.
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Jordan and Cindy are searching for an apartment. They will most likely engage in which one of the following forms of decision making?
A. Intensive response behavior B. Limited decision making C. Impulse buying D. Routinized response behavior E. Extended decision makingÂ
The letter "K" used in lot sizing makes the order quantities:
A) order the big items more often and the low volume items less often. B) decrease the average inventory by gradually ordering more often. C) increase the average inventory. D) maintain the current inventory level while decreasing the number of orders. E) balance the safety stock of items with demand.
Which of the following is a type of OOH advertising consisting of ready-made posters, available in any quantity and often featuring the work of first-class artists and lithographers?
A. junior panels B. spectaculars C. stock posters D. bulletins E. standard billboards
Mr. and Mrs. Harvey's tax liability before credits was $1,675. Their income tax withholding was $1,050, and they are entitled to a $1,189 earned income credit. Which of the following statements is true?
A. The Harveys are entitled to a $1,189 tax refund. B. The Harveys are entitled to a $1,050 tax refund. C. The Harveys are entitled to a $564 tax refund. D. The Harveys owe no additional tax but they are not entitled to a refund.