Which of the following ratios involves the market price of a company's stock?
a. Return on equity
b. Dividends yield
c. Profit margin
d. Cash flow yield
B
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Answer the following statement true (T) or false (F)
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Assume that Jessie and Lester have formed a contract whereby Jessie agrees to deliver 10,000 dozen "Grade A Large Eggs" to be shipped in paper cartons. A shortage of paper makes paper cartons much more expensive, so Jessie uses styrofoam cartons and ships the eggs. Lester is entitled to cancel the contract based on a material breach of the contract
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