Which of the following is the best indicator of management's effectiveness at generating profits relative to the firm's assets?
A) Quick ratio
B) Fixed assets turnover
C) Return on assets
D) Accounts receivable turnover
Answer: C
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What is a key element of high-performance work systems?
A. the organization B. the right people C. a rigid hierarchy D. exact synchronization between divisions E. measurable skill sets
Which of the following statements is true?
a. We as people, our world, and our behavior can be fully understood separately b. We as people and our behaviors can be fully understood separately, but our world cannot be c. The world can be understood separately, but we as people and our behaviors cannot be d. We as people, our world, and our behavior cannot be fully understood separately
The potential rental value of space used for production activities
a. is a variable cost of production. b. represents an opportunity cost of production. c. is an unavoidable cost. d. is a sunk cost of production.
Kaye Company acquired 100% of Fiore Company on January 1, 2018. Kaye paid $1,000 excess consideration over book value, which is being amortized at $20 per year. There was no goodwill in the combination. Fiore reported net income of $400 in 2018 and paid dividends of $100.Assume the initial value method is applied. How much equity income will Kaye report on its internal accounting records as a result of Fiore's operations?
A. $400 B. $100 C. $210 D. $300 E. $380