Which of the following would be most difficult to assess?
A. the liquidity position of a firm
B. market share growth
C. the efficiency with which a firm utilizes its assets
D. the legitimacy and reputation of a firm
Answer: D
You might also like to view...
In the ______ of the innovation process, the product or idea is produced and distributed.
What will be an ideal response?
On January 1, Year 1, Golden Company purchased a new computer system for $50,000. Management estimates that the system will have a 5-year life and a salvage value of $7,500. Jane Golden, the company president, knows that the system can be depreciated using either the straight-line method or the double-declining-balance method. She is concerned as to the possible effect on various financial statement analyses if the company uses one method versus the other.Required: a) Indicate which method will have the larger negative effect (in other words, the less favorable effect) on each of the following ratios in Year 1: (1) Debt-to-equity ratio (2) Return-on-sales b) Indicate which method will have the larger negative effect on each of the following ratios in Year 4: (1) Debt-to-equity
ratio (2) Return-on-sales What will be an ideal response?
An instrument payable to two persons jointly requires the indorsement of only one of the payees for negotiation.
Answer the following statement true (T) or false (F)
When rival firms agree to control output and raise prices, there is:
a. a horizontal merger b. a cartel c. a tying arrangement d. an interlocking directorate e. a vertical merger