Suppose a firm has a growth rate equal to 8 percent, return on assets (ROA) of 10 percent, a debt ratio of 20 percent, and a current stock price of $36. The firm's return on equity (ROE) is:
A. ?14.0%.
B. ?12.5%.
C. ?15.0%.
D. ?2.5%.
E. ?13.5%.
Answer: B
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A cash collection from a customer pertaining to a sale from the prior year will result in cash flow being reported in this year's statement of cash flows.
Answer the following statement true (T) or false (F)
The task of searching the database to locate a stored record for processing is called
a. data deletion b. data storage c. data attribution d. data retrieval
You have a hard time paying attention in French class. The professor has bizarre eyebrows that waggle when he talks. This example demonstrates the following poor listening habit: ?
A) ?Pretending to listen B) ?Listening only for facts C) ?Criticizing the speaker's delivery D) ?Calling the topic boring
Which of the following is not true of activity cost drivers?
A. They are used in Stage 2 cost allocations. B. They are measures of the underlying activity that occurs in each activity cost pool. C. They are strictly volume-based allocation measures. D. They ideally have a cause and effect relationship with underlying activities.