All else equal, the forward-looking price-earnings multiple is ________ related to risk and ________ related to growth
A) indirectly; directly
B) indirectly; indirectly
C) directly; directly
D) directly; indirectly
A
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The cost accounting system authorizes the release of raw materials into production
Indicate whether the statement is true or false
Roger is interesting in applying concepts of organizational neuroscience. Which of the following is an ethical issue he should be aware of?
A. invasion of privacy B. negative emotional reaction C. the abundance of research in this area D. unwilling employees
Mother's Company has current assets of $900,000 and current liabilities of $1,000,000 . Mother's Company's current ratio would be increased by
a. borrowing $100,000 on a line-of-credit (short-term loan). b. purchase of merchandise inventory costing $100,000 cash. c. purchase of marketable equity securities for $100,000 cash. d. paying $100,000 of wages payable. e. none of the above.
Identify which of the following statements is true.
A. Signing of Form 870-AD by the taxpayer does not generally preclude the subsequent filing of a refund claim. B. The IRS will issue a 90-day letter (a Statutory Notice of Deficiency) if the taxpayer does not file a protest letter within 10 days of the date of the 30-day letter. C. Form 870-AD is used if the taxpayer and IRS representative agree to a lesser tax liability than that originally proposed by the Service. D. All of the above are false.