An increase in EPS is an indicator of:
A. lower return on equity.
B. higher profitability.
C. lower financial leverage.
D. lower profitability.
Answer: B
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You are interrupted while eating some yogurt and you store the remaining yogurt in the refrigerator. A day later you return and find the surface of the yogurt is no longer smooth but has broken into several liquified areas. You correctly guess that enzymes from your saliva, via the spoon, have continued digesting the yogurt in your absence. If you left the yogurt on the counter for another 24 hours, what would happen?
A. The reaction will soon stop because the amount of saliva is small, and you would have to add more saliva to continue the degradation. B. The reaction will continue since the enzymes have plenty of substrate. Additionally, it would speed up since the enzymes are exposed to warmer temperatures. C. The reaction will stop because you have altered the environment and denatured the enzyme. D. The reaction will continue until half is digested and then stop because the reaction between substrate and product will be balanced.
Which method of entering a foreign market has a domestic firm actively managing a foreign company or overseas facility?
A. direct ownership B. licensing C. exporting D. joint venture E. contract manufacturing
Anyone who presents a check for payment warrants that she is a holder, the check hasn't been altered, and she has no reason to believe the drawer's signature is forged
Indicate whether the statement is true or false
William Corp. bonds have a current yield of 7% and mature in 10 years. Smith Corp. bonds have a
current yield of 5% and mature in 10 years. Given this information, which of the following statements is MOST correct? A) Smith Corp. bonds are riskier than William Corp. bonds. B) William Corp. bonds will have a higher yield to maturity than Smith Corp. bonds. C) Smith Corp. bonds will sell for a lower price than William Corp. bonds. D) If both bonds have the same yield to maturity, then the price of Smith Corp. bonds must be less than the price of William Corp. bonds.