Measures of profitability for a firm engaging in operations selling merchandise in its stores to generate net income do not include:
a. rate of return on assets.
b. rate of return on common shareholders' equity.
c. earnings per share of common stock.
d. inventory turnover ratio.
e. none of the above.
D
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If one country is hit with a shock that increases the value of its currency and causes its net exports to decline and the net exports and income of other countries to rise, then the business cycle is being transmitted internationally through ____ effect.
A. a trade B. an interest-rate C. an exchange-rate D. an expected-inflation
According to the UCC, an enforceable agreement involving the transfer of title of goods from a seller to a buyer for a price is called a(n):
a. commercial contract. b. express contract. c. formal contract. d. sale.
If a project has a ________ NPV, it should also have an IRR ________ the hurdle rate
A) positive; greater than B) positive; less than C) negative; greater than D) negative; equal to
Small businesses have a greater potential to provide good customer service than larger firms do.
Answer the following statement true (T) or false (F)