Which of the following is the statement of how a business intends to achieve its marketing objectives?

Which one of these statements is true concerning the price-earnings (PE) ratio?

a. A high PE ratio may indicate that a firm is expected to grow significantly b. a PE ratio of 16 indicates that investors are willing to pay $1 for every $16 of current earnings c. PE ratios are unaffected by the accounting methods employed by a firm d. the PE ratio is classified as a profitability ratio e. the PE ratio is a constant value for each firm

Which of the following is an entry on a broker cash reconciliation statement?

A. Expenses of the buyer are shown as a disbursement B. Expenses of the center shown as a receipt C. Expenses of the buyer shown as a receipt D. Expenses of the broker shown as a disbursement