Which financial indicator is calculated by the ratio of market price per share to earnings per share?
A) return on investment
B) price/earnings ratio
C) return on equity
D) dividend yield on common stock
E) dividend payout ratio
B
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One of the two conditions for enterprise funds to be considered major is if total assets, liabilities, revenues, or expenses are ______.
Fill in the blank(s) with the appropriate word(s).
The new trade theory states that:
A. the locus of global production initially switches from the United States to other advanced nations. B. world trade in certain products may be dominated by countries whose firms were first movers in their production. C. differences in technology may lead to differences in productivity, which in turn drives international trade patterns. D. differences in labor productivity between nations underlie the notion of comparative advantage. E. a rich country might actually be worse off by switching to a free trade regime with a poor nation.