TOW price-O-DOOK Tatio and low price-to-eamings TaLTO. Question 6 (2 points) When examining quarterly results of a company in a seasonal business, it is useful to: compare to the preceding quarter match the company's results against economic statistics. compare to the same period in the prior year analyze using a percentage income statement. A profitable high-tech company would generally have: high price-to-book ratio and high price-to-earnings ratio. high price-to-book ratio and low price-to-earnings ratio. low price-to-book ratio and high price-to-earnings ratio. low price-to-book ratio and low price-to-earnings ratio. Ouestion 9 (2 noints Question 9 (2 points) Which of the following statements is most correct? If two companies have the same ROE and the same risk, they must have the same residual income (abnormal earnings) for the year. If two companies have the same net book value and the same residual income this year, then their stock prices must be the same. If two companies have the same ROE and the same stock price, their earnings must be the same for the year. If two companies have the same ROE, net book value, and cost of capital, then their residual income must be the same for the year. Question 10 (2 points) Which of the following factors is least likely to affect earnings persistence? Changing price levels Extraordinary items Usual operating costs Accounting methods used