The rate of return on an investment is calculated by dividing the capital gain or loss plus the cash flows by the initial investment amount
Indicate whether this statement is true or false.
Answer: TRUE
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Answer the following statements true (T) or false (F)
1. When faced with a decision, Myles asks himself "Why not just take the easiest way out?" This approach, known as relaxed change, is a form of evidence-based decision making. 2. Danielle, the IT department chair at a community college, has been having problems with her students not coming to class, so their grades are suffering. If Danielle were to use defensive avoidance to respond to this situation, she would likely respond by procrastinating, passing the buck, or denying the risk of any negative consequences. 3. With an escalation of commitment bias, decision makers increase their commitment to a project despite negative information about it. 4. The larger and more diverse the group, the higher the quality of the decision.
The behavioral approach is being applied when a corporate trainer ______.
A. administers an Emotional Intelligence test to match leaders and followers B. gives a motivational speech to the executive team to boost morale C. uses assessments to help leaders discover their relative focus on goals vs. people D. offers employees an in-depth look at their personality traits for behavioral improvement
The view of managers as omnipotent is consistent with the stereotypical picture of the take-charge business executive who can overcome any obstacle in carrying out the organization's objectives.
Answer the following statement true (T) or false (F)
A company has two different products that are sold in different markets
Financial data are as follows: Product A Product B Total Revenue $16,000 $9,400 $25,400 Variable cost (9,000 ) (9,900 ) (18,900 ) Fixed cost (allocated) (3,000 ) (2,100 ) (5,100 ) Operating income (loss) $4,000 $(2,600 ) $1,400 Assume that fixed costs are all unavoidable and that dropping one product would not impact sales of the other. If Product B is dropped, what would be the impact on total operating income of the company? A) increases by $2,100 B) increases by $500 C) decreases by $2,100 D) decreases by $500