Select Letter for Answer

QUESTION $1$ You would find the payment of dividends in the statement of cash flow under:

A$.$ cash flows from operating activities. B$.$ cash flows from investing activities. C$.$ cash flows from financing activities. D cash flows from purchasing activities.

$E*$ cash flows from selling activities.

QUESTION $3$ Which of the following is the proper order of the industry life cycle?

A$.$ Development, growth, expansion, maturity, decline B $-$Expansion, growth, development, maturity, decline C$-$Development, expansion, growth, maturity, decline

D$*$Expansion$,$ development, growth, maturity, decline E$*$Growth$,$ development, expansion, maturity, decline

QUESTION $4$ The use of many valuation models provides the analyst with $q,$ A$.$ one model that gives the right answer. B$-$ multiple models of how the market might value the firm's stock price. C$.$ a confusing array of answers. D the ability to choose the best model that matches his or her previous judgment.

QUESTION $6$ The pure, short$-$term earnings model: $$

A$.$ ignores present value analysis and its long$-$term forecasts of dividends and earnings per share.

B$.$ uses the past three months to estimate earnings per share.

C$.$ disregards the long$-$term growth forecasts for earnings per share.

D$.$ uses the payout ratio and return on equity to derive the P$/$E ratio.