Japan's equivalent for the Baldrige Award is the Dorchester Prize
Indicate whether the statement is true or false
false
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After dinner, please clean off the table and wash the dishes
What will be an ideal response?
Jim's landlord insists on a written agreement to lease his apartment for $25,000 in order to comply with ________ of the Uniform Commercial Code (UCC)
A) Section 2-2011. B) Section 2A-2011. C) the merger clause D) the equal dignity rule
In intuitive decision making, managers ________.
A. often tend to ignore their feelings or emotions B. use data from their subconscious mind to help make their decisions C. use available evidence to improve their decision making skills D. do not depend on their past experiences to make decisions
Two operationally similar companies, HD and LD, have the same total assets, operating income (EBIT), tax rate, and business risk. Company HD, however, has a much higher debt ratio than LD. Also HD's return on invested capital (ROIC) exceeds its after-tax cost of debt, (1-T)rd. Which of the following statements is CORRECT?
A. HD should have a higher times interest earned (TIE) ratio than LD. B. HD should have a higher return on equity (ROE) than LD, but its risk, as measured by the standard deviation of ROE, should also be higher than LD's. C. Given that ROIC > (1-T) rd, HD's stock price must exceed that of LD. D. Given that ROIC > (1-T) rd, LD's stock price must exceed that of HD. E. HD should have a higher return on assets (ROA) than LD.