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1. If a firm's managers want to maximize stock price it is in their best interests to operate efficient, low-cost plants, develop new and safe products that consumes want, and maintain good relationships with customers, suppliers, creditors, and the communities i which they operate.
True or False
2. Inflationary pressures are usually strongest during business booms.
3. Which of the following is not an example of a financial asset
A. convertible bond
B. certificate of deposit
C. preferred stock
D. inventory
E. mutual funds
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Assume no other preferred stock and no debt outstanding. What is Lenovo's projected net income per common share?
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