Return on equity equals average stockholders' equity divided by net income
Indicate whether the statement is true or false
F
You might also like to view...
An administered VMS coordinates successive stages of production and distribution through ________
A) an automated central control unit B) single ownership C) the combined efforts of all its members D) the establishment of contractual obligations E) the size and power of one of the members
If $30,000 is invested for one year at an annual interest rate of 13%, it will grow in value to ________.
A) $33,900 B) $36,208 C) $3900 D) $32,308
A retailer that wanted to target prospective grooms between the ages of 21 and 40 who are within six months of their marriage is using ________ segmentation to define its target market
A) lifestyle B) behavioral C) socioeconomic D) demographic E) ethnicity
The task of crafting a company's strategy would not normally be described as which of the following?
A. Ultimate responsibility for leading the strategy-making task rests with the chief executive officer. B. In most companies, crafting strategy is a team effort, involving managers and often key employees at many organization levels. C. In most of today's companies, every company manager has a strategy-making role, ranging from major to minor, for his or her area of responsibility. D. It is the responsibility and duty of a company's board of directors to ensure that new strategy proposals can be defended as superior to alternatives and, ultimately, to approve or disapprove of the strategy formulated and proposed by the company's management. E. The task of crafting strategy is best done by a company's chief strategic planning officer, who should report directly to the company's CEO and board of directors.