True or False:

1. Formulas for different financial forecasts all have as a numerator the sum of cash/incomes in common.

2. Jack Welch felt strongly that the Income Statement was the best indicator of a company's financial health.

3. Smart investors always form a strategic plan and follow the plan.

4. Brand value is an important component of company value and, therefore, stock price.

5. A higher than average P/E ratio indicates volatility in the history of the stock price for a company.