Which one of the following statements is NOT correct?
A) The DuPont system is based on two equations that relate a firm's ROA and ROE.
B) The DuPont system is a set of related ratios that links the balance sheet and the income statement.
C) Both management and shareholders can use this tool to understand the factors that drive a firm's ROE.
D) All of the above are correct.
Answer: D) All of the above are correct.
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Which of the following is not a financing activity?
a. Issuing bonds for cash. b. Selling an investment in IBM stock for cash. c. Purchasing a company's own stock (treasury stock) for cash. d. Making a cash payment to repay a bank loan.
A nonparametric test that analyzes the differences between the paired observations, taking into account the magnitude of the differences is the ________
A) Wilcoxon matched-pairs signed-ranks test B) sign test C) McNemar test D) runs test
The _______________________________ thesis predicts that labor relations practices and policies across countries will converge to a common set of practices and policies and national differences will disappear.
Fill in the blank(s) with the appropriate word(s).
In developing marketing strategies, why is price often the most challenging of the four Ps to manage?
A. because most managers feel it is the least important element of the marketing mix B. because managers don't understand the relationship between benefits and costs C. because it is difficult to calculate markups for products D. because it is the least understood element of the marketing mix E. because it has to be based on the promotion budget for the product