Accounting conventions and IRS rules sometime specify the depreciation parameters to be used
Indicate whether the statement is true or false
T
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A manager can improve ROI by doing which of the following?
a. Decreasing assets b. Increasing sales c. Decreasing costs d. All of these choices
An open innovation model reduces a firm's absorptive capacity.
Answer the following statement true (T) or false (F)
Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000. They agree to salaries of $12,000 and $18,000 for Singer and McMann respectively and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will Singer's share of the income be if the income for the year was $50,000?
A) $24,000 B) $22,000 C) $16,000 D) $23,400
External competitiveness refers to:
A. the relative importance of jobs within a company B. comparison of product prices with that of competitors C. competitiveness between different departments in a company D. inflationary pressure caused by external market factors E. comparison of compensation with that of competitors