The profit margin ratio for ROCE indicates
a. the sales generated from each dollar of assets.
b. the portion of the sales dollar left over for the common shareholders after covering all operating costs and subtracting claims of creditors and preferred shareholders.
c. the portion of the sales dollar left over for the preferred shareholders after covering all operating costs and subtracting claims of creditors and common shareholders.
d. the proportion of total assets, or total financing, provided by common shareholders contrasted with the financing provided by creditors and preferred shareholders.
e. the proportion of total assets, or total financing, provided by preferred shareholders contrasted with the financing provided by creditors and common shareholders.
B
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Chapter 13 bankruptcy filings are limited to
A. farms. B. individuals. C. individuals who own sole proprietorships. D. businesses.
Identify an advantage of certifications.
A. Provides simple ways of measuring competence B. Increases competition outside a closed group C. Protects potential employers against charlatans D. Provides knowledge that remains up to date
Operating leverage enables a company to convert small changes in fixed costs into dramatic changes in profitability.
Answer the following statement true (T) or false (F)
_______________ can be useful in guiding us to do the right thing when faced with a question that may not have an easy answer.
What will be an ideal response?