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Indicate whether the statement is true or false


T

Business

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Shares of Lorne and Greene Manufacturing now sell for $64. If the company had earnings per share of $3.70 last year, calculate the price-earnings ratio of the stock. (Round to nearest whole number)

A) 51:1 B) 23:1 C) 25:1 D) 17:1

Business

Earnings yields tend to _______ when Treasury yields fall.

A. fall B. rise C. remain unchanged D. fluctuate wildly

Business

Most homeowner's insurance policies do not cover certain types of expensive items unless you purchase a rider for the additional coverage.

Answer the following statement true (T) or false (F)

Business

Based on 2015 tax schedules, the first dollar of personal taxable income is taxed at which of the following marginal tax rates:

a. 5.0% b. 10.0% c. 15.0% d. 20.0% e. 25.0%

Business