Which of the Following Is Not a Characteristic of Less-Developed

question 102

Multiple Choice

Which of the following is not a characteristic of less-developed countries?

• A) High rates of illiteracy.
• B) High unemployment.
• C) Over half of the labor force in agriculture.
• D) Low savings and investment rates.
• E) Low infant mortality rates.

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Definitions:

FCFF

Free Cash Flow to the Firm (FCFF) is a measure of a company's financial performance that shows how much cash is available for distribution among all securities holders after paying taxes, reinvesting in the business, and meeting working capital needs.

FCFE

Free Cash Flow to Equity, a measure of how much cash can be paid to equity shareholders of the company after all expenses, reinvestment, and debt repayments.

Price-to-Book Ratio

A valuation metric comparing a company's current market price to its book value.

P/E Ratio

The price-to-earnings ratio is a valuation metric for a stock, calculated by dividing the market price of a share by the earnings per share, indicating how much investors are willing to pay per dollar of earnings.