Question $27$

Which of the following is the most significant positive factor in the future profitability of the pharmaceutical industry?

A$.$ Research and development of new drugs

B$.$ Government regulation

C$.$ Generic drugs

D$.$ Patents

Question $28$

The primary sections of a statement of cash flows are:

A$.$ cash flows from investing, operating, and financing activities.

$B*$ cash flows from investing and operating activities.

C$.$cash flows from investing, financing, and accounting activities. D$.$cash flows from investing, operating, financing, and accounting activities.

Question $29$

Studies generally show that the price$-$earnings ratio is a function of: A expected changes in interest rates.

B$.$ future estimated growth of earnings for the individual company. C$.$ expected changes in the required rate of return, Ke$.$

D$.$ All of the above impact price earnings ratios.