Devon Ltd. common shares sell at $40 a share and their estimated price-to-earnings ratio (P/E) is 32. If Devon borrows funds to repurchase shares at its after-tax cost of debt of 5%, its EPS is most likely to:

All of the following statements about survey designs are true, EXCEPT:

a. most surveys are designed to be descriptive or predictive. b. descriptive surveys can be used to test hypotheses. c. descriptive surveys can be used to collect attributes and behavioral data. d. data collected using descriptive surveys can be turned into knowledge about people, objects or issues. e. US census Bureau generally uses descriptive surveys to collect information on population.

Metric data are measured on a nominal or ordinal scale

Indicate whether the statement is true or false