From the viewpoint of the loan department, which of the following ratios is most significant?
a. Return on assets after tax
b. Price/earnings ratio
c. Debt/equity
d. Return on equity after tax
c
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Moderators are often referred to as Qualitative Research Consultants (QRs or QRCs)
Indicate whether the statement is true or false
Giorgi is frustrated with the estimates he’s received for building an IT portal for his company to allow his suppliers, distributors, and customers to all easily connect online. Since he needs a system that is reliable and responsive to sudden changes in the market, he has decided to go with a cloud-based system run by another company that has the expertise his company lacks. The company he chose is an example of a(n) ______.
a. internet commerce intermediary b. command and control center c. supply chain source point d. third-party logistics provider
The following balance sheet information is provided for Santana Company for Year 2: Assets Cash$7600? Accounts receivable 13,750? Inventory 15,800? Prepaid expenses 2600? Plant and equipment, net of depreciation 20,500? Land 14,400? Total assets$74,650? Liabilities and Stockholders' Equity Accounts payable$3390? Salaries payable 7230? Bonds payable (due in ten years) 17,000? Common stock, no par 11,500? Retained earnings 35,530? Total liabilities and stockholders' equity$74,650? What is the company's debt to equity ratio?
A. 124.22% B. 49.97% C. 58.73% D. 30.53%
Which of the following primary principles of U.S. translation procedures in NOT true?
A) If the financial statements of the foreign subsidiary of a U.S. company are maintained in U.S. dollars, translation is not required. B) If the financial statements of the foreign subsidiary are maintained in the local currency and the local currency is the functional currency, they are translated by the temporal method. C) If the financial statements of the foreign subsidiary are maintained in the local currency and the U.S. dollar is the functional currency, they are remeasured by the temporal method. D) All of the above are true.