High Tech Corp

question 66

Multiple Choice

High Tech Corp.cut its research and development budget in 2010 by $4,000,000 in order to improve its cash flow for the year.Which of the following statements is MOST correct?

• A) The stock price will likely increase because the value of stock is based on reported cash flow.
• B) The stock price may decrease because investors may predict that future cash flows will decrease due to the lack of innovation and new products.
• C) The change will have no impact on stock price because the company's profits will not change in 2010.
• D) The stock price will increase only if reported profits in 2010 are higher than profits reported in 2009.

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Definitions:

Rem

In programming, a keyword used for including comments in code, which are ignored by the compiler and used for documentation and readability improvement.

Form Design View

A feature in database applications like Microsoft Access that allows users to design and modify the layout of forms for data entry.

Visual Basic Button

A control in Visual Basic and VBA environments used to execute code upon clicking.

Database Tools Tab

Part of the user interface in database management software that provides access to tools for managing database structures, creating queries, and performing administrative tasks.