Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$36,480,000 Net operating income$2,808,960 Average operating assets$8,000,000 The company's minimum required rate of return 16%The division's turnover used to compute ROI is closest to:
A. 0.35
B. 4.56
C. 12.99
D. 3.37
Answer: B
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In a society that values individual freedom, everything that is legal is ethically right and everything that is ethically wrong is illegal.
Answer the following statement true (T) or false (F)
Cluster samples typically cost less but they also increase sampling error
Indicate whether the statement is true or false
The cost of preferred stock:
A) should be adjusted for taxes when computing WACC. B) is ignored by all firms when computing WACC. C) is generally calculated using the overall firm's beta. D) is equal to the stock's dividend yield. E) is set equal to the pretax cost of debt since it is a fixed income security.
Which organization provides counseling, training, and technical assistance in all aspects of small business management?
A. Small Business Facilitation Center B. Small Business Correction Center C. Small Business Development Center D. Small Business Training Center