At the Beginning of the Twenty-First Century,some People Placed Signs

question 87

Multiple Choice

At the beginning of the twenty-first century,some people placed signs with crudely painted skeletons holding cell phones near roadways,usually facing freeway ramps.These signs indicated disapproval of using cell phones while driving,a practice some states have now made illegal.As a result of these laws:

• A) almost no one violates the norm of not talking on a cell phone while driving.
• B) talking on a cell phone while driving is taboo.
• C) there are no real sanctions that can be used to enforce the norm of not talking on a cell phone while driving.
• D) an informal norm has become a law.

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Definitions:

Gross Margin Percentage

A profitability metric that measures how much of each dollar of revenue is left after deducting the costs of goods sold.

Net Profit Margin Percentage

A financial ratio that indicates the percentage of revenue that exceeds the costs associated with making and selling products or providing services.

Book Value per Share

The value of a company calculated by dividing total shareholder equity by the number of outstanding shares.

Price-earnings Ratio

A financial metric used to evaluate the value of a company's shares by dividing the current market price of a stock by its earnings per share.