1. Which of the following do NOT make sense?

Group of answer choices

One way to value a company is to look at the PE ratio of comparable firms, and the apply it to the firm we are trying to value.

Jetblue was able to take advantage of economies of scale by focusing on high demand routes and maintaining only one type of aircraft

Jetblues international flights made up most of its revenues

All of these choices make sense

Jetblues earnings were pretty good compared to its competitors

2. Which one of these can a firm NOT do with its profits?

Group of answer choices

All of these choices are things a firm can do with its profits

Buy another company

Pay dividends

Repurchase its own shares

Pay off its debt