Podcast
Questions and Answers
Which term is often used interchangeably with price-performance ratio in economics, engineering, business management, and marketing?
Which term is often used interchangeably with price-performance ratio in economics, engineering, business management, and marketing?
- Performance/cost
- Cost-performance (correct)
- Cost-benefit
- Capability/price
What does a lower price/performance ratio indicate on a demand curve?
What does a lower price/performance ratio indicate on a demand curve?
- Higher desirability (correct)
- Lower desirability
- Inconsistent impact on desirability
- No impact on desirability
What is the opposite ratio to price/performance ratio when price performance is improved?
What is the opposite ratio to price/performance ratio when price performance is improved?
- Performance/price (correct)
- Price ratio
- Performance ratio
- Price/performance
Which type of products have become more effective and cheaper over time according to the text?
Which type of products have become more effective and cheaper over time according to the text?
Which products have only increased in price according to the text?
Which products have only increased in price according to the text?
Which factor can negate the plummeting costs of certain products in certain regions?
Which factor can negate the plummeting costs of certain products in certain regions?
What effect does the prevailing inflation rate have on costs in different regions?
What effect does the prevailing inflation rate have on costs in different regions?
What does a positive cost-performance ratio indicate in the business world?
What does a positive cost-performance ratio indicate in the business world?
Which ratio measures investor response to owning a company's stock?
Which ratio measures investor response to owning a company's stock?
Which financial statement is NOT used to calculate financial ratios?
Which financial statement is NOT used to calculate financial ratios?
What is the reciprocal of a ratio that is above 1?
What is the reciprocal of a ratio that is above 1?
Which market price is used in certain financial ratios if shares in a company are traded?
Which market price is used in certain financial ratios if shares in a company are traded?
Which ratio measures the effectiveness of a firm's use of resources by calculating the percent change in net operating income divided by the percent change in sales?
Which ratio measures the effectiveness of a firm's use of resources by calculating the percent change in net operating income divided by the percent change in sales?
Which ratio quantifies the firm's ability to repay long-term debt by comparing total liabilities to total assets?
Which ratio quantifies the firm's ability to repay long-term debt by comparing total liabilities to total assets?
Which ratio measures investor response to owning a company's stock by dividing net earnings by the number of shares?
Which ratio measures investor response to owning a company's stock by dividing net earnings by the number of shares?
Which ratio calculates the market price per share divided by the balance sheet price per share?
Which ratio calculates the market price per share divided by the balance sheet price per share?
