There are separate state and federal bankruptcy laws

Worcester Corporation has a P/E ratio of 15. Natick Corporation is in the same industry as Worcester, but has a P/E ratio of 20. Possible interpretations of this discrepancy include

A) Worcester Corporation is overpriced. B) Natick Corporation has higher earnings per share. C) Investors expect Natick to grow faster than Worcester. D) Natick's stock price is higher than Worcester's.

Related to in-process R&D, an acquiring company may not

A) capitalize in-process R&D. B) treat in-process R&D as an intangible asset. C) increase the amount of goodwill for in-process R&D. D) establish a patent for in-process R&D.