The maximum rate at which a firm can grow while maintaining a constant debt-equity ratio is best defined by its:
A) rate of return on assets.
B) internal rate of growth.
C) average historical rate of growth.
D) rate of return on equity.
E) sustainable rate of growth.
E) sustainable rate of growth.
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Which of the following is necessary for any valid performance measurement?
a. It must be part of the financial accounting system in use. b. It must be quantifiable. c. Goal congruence must be promoted by its use. d. It must be financial in nature.
The equity method of accounting for investments
A) requires a year-end adjustment to revalue the stock to lower of cost or market B) requires the investment to be reported at its original cost C) requires the investment be increased by the reported net income of the investee D) requires the investment be decreased by the reported net income of the investee
B corporations have no duty to maximize shareholder value even when there is a change of control
a. True b. False Indicate whether the statement is true or false
Federal immigration laws do not require verifying whether workers are U.S. citizens or are otherwise authorized to work in this country.
Answer the following statement true (T) or false (F)