What is the best financial metric to show the profit an organization generates in relationship to assets utilized?
a. ROA
b. Profit
c. Return on net worth
d. Stock price
a.
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Which of the following should be considered when designing a coding scheme for a chart of accounts?
a. Which internal reports will be required? b. Is there a need for segmental reporting? c. Both a. and b. d. Neither a. nor b.
On October 1, Vista View Company rented warehouse space to a tenant for $3900 per month. The tenant paid five months' rent in advance on that date, with the lease beginning immediately. The cash receipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The adjusting entry needed on December 31 is:
A. Debit Rent Receivable, $11,700; credit Rent Earned, $11,700. B. Debit Unearned Rent, $7800; credit Rent Earned, $7800. C. Debit Rent Receivable, $19,500; credit Rent Earned, $19,500. D. Debit Unearned Rent, $19,500; credit Rent Earned, $19,500. E. Debit Unearned Rent, $11,700; credit Rent Earned, $11,700.
How do marketers measure return on marketing investment? Why is this figure difficult to assess?
What will be an ideal response?
The salesperson should hope that the prospect says nothing during her presentation so that she can give an uninterrupted sales presentation.
Answer the following statement true (T) or false (F)