Which of the following yields the return on assets ratio?
a. (return on common stockholders' equity) × (asset turnover)
b. (return on sales) × (asset turnover)
c. (profit margin) × (return on sales)
d. (profit margin) × (asset turnover)
b
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If Nestlé decides not to market biscuits (cookies) in the United States due to competitive reasons, it is considered to be having a lack of strategic focus and missed opportunity
Indicate whether the statement is true or false
According to the Census Bureau and the Bureau of Labor Statistics, state and local governments are classified as belonging to the service sector while the federal government isn't.
Answer the following statement true (T) or false (F)
Although the preparation of a consolidated balance sheet requires elimination entries, a consolidated income statement may always be prepared without any elimination entries
Indicate whether the statement is true or false
A networking email
A) accompanies your résumé when you are applying for a specific job. B) is an email sent to your interviewer that summarizes your job-related strengths. C) demonstrates interest in a company when you do not know of a specific open position. D) is an email you send to your Facebook friends when you are looking for a job.