Which of the following describes the return on assets ratio?

a. Average total assets divided by net income
b. Net income plus income tax expense divided by average total assets
c. Average total assets divided by net sales
d. Net income divided by average total assets


D

Business

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When analyzing a balance sheet

a. one looks for a reasonable match between the nature and mix of assets and mix of liabilities plus shareholders' equity. b. the proportion of short-term versus long-term financing should match the proportion of current assets versus noncurrent assets. c. the mix of long-term debt versus shareholders' equity should reflect the degree of operating risk. d. Answers a, b, and c are correct. e. None of these answer choices is correct.

Business

In the VALS framework, each consumer segment exhibits unique media preferences. Which segment is most likely to view outdoor advertising?

A. Survivors B. Makers C. Strivers D. Believers E. Experiencers

Business

The goal of vendor analysis is to maximize the total costs associated with purchases in order to ensure maximum product quality.

Answer the following statement true (T) or false (F)

Business

The New York City Fire Department has a height requirement of at least 5'10" for all employees. If challenged under Title VII, the requirement:

a. is valid because it does not discriminate against a protected group. b. probably violates Title VII unless the City can show there is a necessary purpose for the requirement. c. is valid as a bona fide occupational requirement. d. is valid because it is a "reasonable business necessity."

Business