Which of the following statements is true?
A. The book value per share measures the market value of a corporation's stock.
B. Investors need to understand that the value of a company's earnings per share is affected by its choices of accounting principles and assumptions.
C. Earnings per share is calculated for a company's preferred stock.
D. The most widely quoted measure of a company's earnings performance is return on equity.
Answer: B
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The primary purpose of company metrics is ________
A) to achieve maximum customer satisfaction B) to make optimal use of the organization's resources C) to maintain an ongoing measure of marketing performance D) to maximize the organization's return on assets E) to minimize the defects in the organization's products
What is the simplest, easiest-to-apply ethical theory?
a. egoism b. social group relativism c. cultural relativism d. utilitarianism
______ is the degree to which employees are expected to follow the same rules and policies everywhere.
A. Integration B. Standardization C. Localization D. Responsiveness
Revenues are:
A. The increase in equity from a company's sales of products and services. B. Resources owned or controlled by a company. C. The costs of assets or services used. D. The same as net income. E. The excess of expenses over assets.