All the Statements Concerning Net Tangible Asset Backing (NTAB)per Share $\bold{except:}$

question 4

Multiple Choice

All the statements concerning net tangible asset backing (NTAB) per share are true, $\bold{except:}$

• A)intangible assets such as goodwill are excluded from the calculation
• B)it calculates the cash that would be available to each shareholder if the company was liquidated.
• C)the difference between NTAB and the market price of the share is an indication of the market's assessment of the entity's future growth prospects.
• D)it is calculated as ordinary shareholders' equity less intangible assets divided by number of ordinary shares on issue at year-end.

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Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of places or situations where escape might be difficult or help unavailable, often leading to avoidance of public places.

Stimulus Generalization

The process by which a conditioned response is triggered not only by the conditioned stimulus but also by stimuli that are similar to the conditioned stimulus.

Psychoanalytic

Psychoanalytic relates to a theory and method of therapy that emphasizes unconscious mental processes and childhood experiences in shaping behavior and personality.

Repressed Impulses

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