Which of the following is a limitation of ratio analysis? A.
Ratio analysis assumes that inflation has no effect on a firm's business.

B.
Ratios that reveal large deviations from the norm merely indicate the possibility of a problem.

C.
It is difficult to access audited financial statements for ratio analysis.

D.
Financial ratios cannot reveal certain specific aspects of a firm's financial position.

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.