A high price-earnings ratio generally means that investors are optimistic about a company's future growth.
Answer the following statement true (T) or false (F)
True
A high price-earnings ratio is the result of a high market price relative to a company's earnings per share, and indication that investors are optimistic about the company's future earnings.
You might also like to view...
When the market rate of interest was 11%, Munson Corporation issued $1,000,000, 12%, 8-year bonds that pay interest semiannually. The selling price of this bond issue was
A) $1,052,310 B) $1,154387 C) $1,000,000 D) $ 720,495
When computing a price variance, the quantity is held constant.
Answer the following statement true (T) or false (F)
The ________ holds that municipal courts must decline to hear suits against foreign sovereigns
A. governmental interest doctrine B. doctrine of sovereign or state immunity C. rule of absolute sovereign immunity D. theory of restrictive sovereign immunity
Patrick purchases a one-third interest in the PPP partnership for $600,000. The partnership has assets with a value of $1,500,000. PPP has a 754 election in effect. What is the amount of the basis adjustment?
A) $0 B) $300,000 increase in the basis of partnership assets C) $100,000 increase in Patrick's basis in the partnership assets D) $100,000 increase in Patrick's share of the basis in the partnership assets