Under the value-to-book model a firm in steady state equilibrium earning ROCE = RE will
a. create additional shareholder wealth and be valued above book value.
b. maintain shareholder wealth and be valued at book value.
c. destroy shareholder wealth and be valued below book value.
d. be in a no-growth state.
B
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The nonprofit management literature is drawn from which three areas?
A. social science research, customer complaints, and reports prepared by practitioners B. social science research, organizational theory, and community feedback C. Internal Revenue Service financial reports, organizational theory, and social science research D. social science research, organizational theory, and practitioner reports
A shareholder is a person who holds a monetary investment in an organization and expects a return on the investment.
a. True b. False
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,000; sales of $930,000; and income of $105,000. The investment center profit margin is:
A. 447.6%. B. 50.5%. C. 22.3%. D. 197.9%. E. 11.3%.
Market penetration means trying to increase sales of a firm's present products in its present markets-probably through a more aggressive marketing mix.
Answer the following statement true (T) or false (F)