Elyse wants to calculate her return on equity but has forgotten the formula. You tell her that return on equity equals
A. net income divided by owners equity.
B. owners equity divided by net income.
C. total assets divided by owners equity.
D. owners equity divided by total assets.
Answer: A
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Demron is in serious negotiations to purchase a welding machine that will enable them to perform their own welding. They currently have their welding outsourced at a cost of $1.50 per weld and a fixed cost of $45,000
Their marketing team feels that they can sustain an annual sales volume sufficient to require 35,000 welds. If a fancy new welding rig costs $13,500 what is the maximum variable cost per weld that Demron should be willing to pay in order to bring this process in-house? A) $3.00 per weld B) $2.40 per weld C) $2.00 per weld D) $1.45 per weld
Current assets and current liabilities are expected to be used up or come due within one year or the company's operating cycle whichever is longer.
Answer the following statement true (T) or false (F)
Empirical studies show that the Fisher Effect works best for short-term securities
Indicate whether the statement is true or false.
ECNs are
A) publicly owned auction markets for listed stocks. B) privately owned networks that transact trades between institutional investors. C) facilities used by market makers for trading unlisted securities. D) part of the third market which trades listed securities between individual investors.