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1. ________________ businesses will be negatively impacted by a strong dollar.

a. Retailing
b. Import
c. Export
d. Automotive

2. The single most important issue in the stock valuation process is a company's:

a. past earnings record.
b. historic dividend growth rate.
c. expected future returns.
d. capital structure.

3. The value of a stock is a function of:

a. future returns.
b. historic dividend growth rate.
c. most recent earnings per share.
d. past returns.

4. ___________ will most directly influence a company's market value.

a. The state of the economy
b. The book value of its assets
c. The use of financial leverage
d. Its future cash flows

Accounting Basics, Accounting

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