High switching costs help companies:

Question 23 options:

A)	Attract new customers.

B)	Control costs

C)	Develop new products.

D)	Raise prices without the risk of losing customers.

Which of the following is correct analysis for the Statement of Cash Flows?

Question 25 options:

A)	A negative amount for financing activities is always a sign of financial stress for a company.

B)	Net income which significantly exceeds cash flows from operating activities for a seasoned company is a sign of high quality earnings.

C)	A negative amount for cash flows from investing activities due to capex or acquisitions is an indication that the firm's strategic focus is on growth.

D)	A negative amount for cash flows for financing activities is an indication that the firm is taking on additional debt.

Operating expenses for a company are listed below. What formula can be entered into cell C2 and copied into cells C3:C6 in order to display the percentage of total expense contributed by each expense listed.

Question 26 options:

A)	=$B$2/$B$6

B)

=$B$2/B6

C)

=B2/B6

D)

=B2/B$6

Which of the following is written from a point of view other than the company itself?

Question 27 options:

A)

10-Q

B)	Analyst research report

C)	Press release

D)

MD&A