Rate of return on common shareholders' equity (ROCE)
a. measures a firm's performance in using and financing assets to generate earnings and explicitly considers financing costs.
b. a measure of profitability that incorporates the results of operating, investing, and financing activities.
c. equals net income (less dividends on preferred stock, if any) divided by average common shareholders' equity.
d. all of the above
e. none of the above
D
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Polly promises to pay city council member Smith $500 to show up for the weekly city council meetings. Polly's promise is:
A. not supported by consideration. B. wholly enforceable. C. supported by consideration. D. supported by conditional consideration.
Which of the following items is usually classified as a noncurrent asset?
a. Prepaid rent b. Plant expansion fund c. Supplies d. Goods that are in the process of being completed for another company
A reduction of lot sizes increases the amount of fluctuation that can accumulate between any pair of stages of a supply chain, thus increasing the bullwhip effect
Indicate whether the statement is true or false.
The right of the tenant to the undisturbed possession of the leased property is known as A)?quiet enjoyment
B)?habitability. C)?lawful possession. D)?peaceful possession.