Within the first quarter of implement XBRL, the FDIC went from a 66 percent data accuracy to

A) 80 percent accuracy
B) 95 percent accuracy
C) 73 percent accuracy
D) 99 percent accuracy

Answer: B

Business

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The book value of a company equals the value of its assets according to their purchase price

a. true b. false

Business

Companies A and B are both in the same industry and generally compete against each other in the marketplace

Stock A has a P/E ratio of 15 while Stock B's P/E is 21. Which of the following is not true about the relative positioning of Stock A and Stock B? A) Stock B has lower perceived risk. B) Investor's are willing to pay a higher price for shares in Company B. C) Company A business performance is probably not as strong as Company B performance. D) All of the statements are correct.

Business