Which of the following is a characteristic of a restricted security?
a. It is purchased in a private offering.
b. It cannot be sold at any time.
c. It is subject to reporting requirements.
d. After six months, it is classified as a control security.
a
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What would be the value of cell B2?
a) 175
b) 200
c) 250
d) 225
e) 190
Specific identification is a very popular inventory method because it is very easy to apply
Indicate whether the statement is true or false
Explain the term “double-entry bookkeeping” and list the major components.
What will be an ideal response?
The following information is available about the status and operations for Division B of Boxwood Company, which has a minimum required ROI of 20%. Answer each item independently of the others. Division BDivisional investment$1,500,000 Divisional profit$550,000 Divisional sales$3,600,000 Required:a. Compute the ROI for Division B.b. Division B could increase its profit by $25,000 by increasing its investment by $100,000. Compute its new ROI.c. Division B could increase its profit margin ratio by one percentage point (for example: from 13% to 14%), without increasing total sales or investment. Compute its new ROI.d. Division B could reduce its investment so that its asset turnover increased by one time, while holding total sales and profit constant. Compute its new ROI.
What will be an ideal response?