If, for the S&P Industrials Index, the profit margin was 0.20 and the equity turnover ratio was 13, the ROE would be:
a. 0.026%
b. 2.600%
c. 6.500%
d. 26.00%
e. 65.00%
B
You might also like to view...
Usually, there is a gain or loss involved when bonds are redeemed before maturity. The gain or loss is the difference between
a. the amount paid to redeem the bonds and the carrying value of the bonds. b. the maturity value of the bonds and the market value of the bonds. c. the carrying value of the bonds and the face value of the bonds. d. the maturity value of the bonds and the carrying value of the bonds.
Bad debt expense is normally reported on the income statement as a(n)
A) operating expense. B) element of cost of goods sold. C) financial expense in the other items section. D) contra-revenue amount.
A non-corporate VMS integrates successive stages of production and distribution under single ownership
Indicate whether the statement is true or false
Which of the following would not be considered a capital expenditure?
A) The addition of a building wing B) A tune-up of a company vehicle C) A complete overhaul of an air-conditioning system D) The cost of installing a piece of equipment