1. In 2006 Hewlett-Packard repurchased shares of common stock worth $5,355 million and made dividend payments of $932 million. Other financing activities raised $291 million, and Hewlett-Packard's total cash flow from financing was –$6,305 million. How much did the long-term debt accounts of Hewlett-Packard change?
Increased $309 million
Decreased $309 million
Increased $950 million
Decreased $950 million
2. A firm has a P/E ratio of 33 and an ROE of 9%. Its market-to-book-value ratio is _________.
2.97
3.67
2.43
1.23