If the intrinsic value of a share of common stock is less than its market value, which of following is the most reasonable conclusion?()
A. the stock has a low level of risk
B. the stock offers a high dividend payout ratio
C. the market is undervaluing the stock
D. the market is overvaluing the stock
ABC Farm Supplies,Inc., has an 8 percent return on total assets of 300 000 and a net profit margin of 5 percent.What are its sales?()
A. 3750000
B. 480000
C. 300000
D. 1500000
Which of the following items is the function of a treasure?()
A. cost accounting
B. internal control
C. capital budgeting
D. general ledger