Managers may use the accounting rate of return to evaluate potential investment projects because
A) debt contracts require that a firm maintain certain ratios that are affected by income and long-term asset levels
B) it serves as a screening measure to insure that new investments do not affect key financial ratios
C) bonuses to managers may be based on accounting income and/or return on assets
D) it can be tied to the manager's personal income
E) all of these
E
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A) Introduction B) Report organization C) Close D) Body E) Sources and methods
A financing statement must be authorized to be valid
Indicate whether the statement is true or false
The ______________________________ describes each work center available for producing products, including information such as the machine available at the station, its capacity, its maintenance requirements, labor needs to operate it, and so on.
Fill in the blank(s) with the appropriate word(s).
Under the Electronic Fund Transfer Act, if you fail to tell your bank that your bank card has been stolen, you may be responsible for all losses incurred due to unauthorized use
a. True b. False Indicate whether the statement is true or false