The accounting rate of return is calculated by dividing the average annual operating income by the average amount invested
Indicate whether the statement is true or false
TRUE
You might also like to view...
Which questions are also known as probing questions?
a. Closed b. Open c. Primary d. Secondary
Operating leverage may be defined as the potential use of fixed operating costs to magnify the effects of changes in sales on a firm's earnings before interest and taxes (EBIT)
Indicate whether the statement is true or false
Revenue management methodology enables an airline to maximize the number of full-fare seats it sells on each flight
a. True b. False Indicate whether the statement is true or false
Which of the following is assumed by Weinstock's argument?
A) Legal Division managers do not supervise a significant number of nonlawyers. B) Nonlawyers should not be able to determine the appropriate level of support required by the Legal Division. C) The consequences of delivering bad legal advice are greater than the consequences of delivering bad advice on strategic issues. D) Lawyers are not the highest-paid professionals in the organization. E) The most important failures in management are caused by attempting to supervise too many employees.