A firm requires an investment of $18,000 and will return $25,000 after one year. If the firm borrows $10,000 at 6%, what is the return on levered equity?
A) 80%
B) 64%
C) 96%
D) 112%
Answer: A
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What problems did Tylenol experience between 2010 and 2012?
a. A phantom recall b. Shoddy manufacturing practices c. A drop of 55% in Tylenol sales d. All of the above
The Equal Pay Act:
a. prohibits pay discrimination on the basis of age b. prohibits pay discrimination on the basis of sexual orientation c. prohibits pay discrimination on the basis of seniority d. encourages pay discrimination on the basis of nationality e. none of the other choices are correct
Decreases in equity from costs of providing products or services to customers are called:
A. Liabilities. B. Expenses. C. Equity. D. Owner's Investment. E. Withdrawals.
Which of the following is a disadvantage of the classification system for job evaluation?
A. It assumes that a constant and inflexible relationship exists between job factors and their value to an organization. B. It is difficult to construct. C. It provides rigid standards for compensation and cannot accommodate changes in the value of various individual jobs in an organization. D. It is difficult to communicate to employees.