A high price/earnings ratio indicates:
a. investor confidence in high future earnings.
b. that the stock is probably overvalued.
c. that the stock is probably undervalued.
d. little investor confidence in high future earnings.
a
You might also like to view...
The final step in variance analysis is taking appropriate corrective action
Indicate whether the statement is true or false
How many countries currently belong to the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards?
A) 34 B) 47 C) 73 D) 112
Jones operates an upscale restaurant and he pays experienced cooks $35,000 per year. This year he hired his son as an apprentice cook. Jones agreed to pay his son $40,000 per year. Which of the following is a true statement about this transaction?
A. Jones will be allowed to accrue $40,000 only if he pays his son in cash. B. Jones will be allowed to deduct $40,000 only if his son eventually develops into an expert cook. C. Jones will be allowed to deduct $35,000 as compensation and another $5,000 can be deducted as an employee gift. D. Jones is not entitled to any business deduction until the son is an experienced cook. E. None of the choices are true.
With an interest-only mortgage, the borrower can choose to pay only the interest portion of the monthly payment for a specified period of time.
Answer the following statement true (T) or false (F)