Ratios are generally calculated from historical data. Of what use are they in assessing

the firm's future financial condition?

If the percentage change in the quantity of teapots demanded is greater than the percentage change in the price of teapots, then: A) the price elasticity of demand for teapots is greater than 1 in absolute value.

An investor is considering the purchase of 20 acres of land. An analysis indicates that if the land is used for cattle grazing, it will produce a cash flow of $1,000 per year indefinitely.

A work-at-home opportunity is available in which you will receive 2 percent of the sales for customers you refer to the company. The cost of your ""franchise fee"" is $710.

The Tip-Top Paving Co. wants to be levered at a debt to value ratio of. 6. The cost of debt is 11%, the tax rate is 34%, and the cost of equity for an all equity firm is 14%. What will be Tip-Top's cost of equity?

Jo is an honest and straightforward person. She believes her employees are all similarly honest and straightforward, ignoring signs that they may be manipulating her. What perceptual shortcut is Jo most likely using? a. prototypingb. contrast effect

Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together rather than separately. c. firms colluding to set prices. d.

Which of the following is true with respect to an education incentive? a. Contributions to Qualified Tuition Programs (Section 529 plans) are deductible. b.

When the value of a country's exports exceed the value of its imports, the country is experiencing: a. a recession. b. a trade surplus. c. inflation. d. a trade deficit?

Checks are promises to pay a sum of money at some time in the future. a. True b. False

List three strategies for seeing that your guests do not leave your home or residence while impaired