Spending on advertising varies by industry.
Answer the following statement true (T) or false (F)
True
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Which of the following statements about an offer is true?
A. The death of an offeror will terminate the offer. B. An offer is effective upon dispatch. C. A grumbling acceptance is a rejection and terminates the offer. D. Any definite offer made by a merchant is called a "firm offer."
One of the least subtle buying signals displayed by the customer is the question
Indicate whether the statement is true or false
Occupational Safety and Health Administration (OSHA) violations are categorized into three types: willful, intentional, and non-intentional.
Answer the following statement true (T) or false (F)
Last year Jandik Corp. had $295,000 of assets (which is equal to its total invested capital), $18,750 of net income, and a debt-to-total-capital ratio of 37%. Now suppose the new CFO convinces the president to increase the debt-to-total-capital ratio to 48%. Sales, total assets and total invested capital will not be affected, but interest expenses would increase. However, the CFO believes that better cost controls would be sufficient to offset the higher interest expense and thus keep net income unchanged. By how much would the change in the capital structure improve the ROE? Do not round your intermediate calculations.
A. 2.60% B. 2.37% C. 2.50% D. 2.13% E. 1.64%