Question $8$

The $q,$ ratios help determine the degree of financial risk and earnings volatility present in a firm.

A$.$ profitability $B*$ asset$-$utilization $*$ liquidity $C*$ debt$-$utilization

D $-$price

QUESTION $11$ Ratio analysis, which compares a company to an industry, is complicated because:

A$.$ reliable industry data is not readily accessible. $B*$ the accounting conventions between companies may be dissimilar.

C$.$ large companies are diversified across several industries. D$.$ More than one of the above

QUESTION $12$ The nonconstant dividend discount model is best applied to companies in the:

A$.$ maturity stage of their life cycle.

B$.$ development stage of their life cycle. C $-$ expansion stage of their life cycle. D$.$ A and B

Question $15$

In order for any dividend valuation model to reflect a valid stock price for a company,

A$.$ the company must pay dividends. B the dividend growth rate must remain constant. C$.$ the required rate of return $($discount rate$)$ must remain constant.

D$.$ All of the above is true