High-tech firms that function in a market with high technological uncertainty, high market uncertainty, and high investment costs are not likely to seek radical innovation

Which statement is TRUE regarding net listings?

A. They are illegal in California. B. The broker must disclose the amount of commission to be received. C. The broker's best interests would be served by setting as high a net price as possible. D. None of these is true.

Which of the following will lead to an increase in earnings per share?

A) an increase in the P/E ratio. B) an increase in the dividend payout ratio. C) an increase in return on equity if book value per share stays the same. D) a decrease in the number of shares if return on equity stays the same.