The rate of return on common shareholders' equity
a. will exceed the rate of return on assets whenever the rate of return on assets exceeds the after-tax cost of borrowing and any dividends required for preferred shareholders.
b. will not exceed the rate of return on assets whenever the rate of return on assets exceeds the after-tax cost of borrowing and any dividends required for preferred shareholders.
c. will always exceed the rate of return on assets.
d. will never exceed the rate of return on assets.
e. none of the above
A
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Based on the VRIO framework, which of the following start-up companies has the least potential to have a competitive advantage, to be profitable, and to grow?
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a. service standards and scripts b. physical evidence c. internal physical interaction d. internal IT interaction e. visibility
Which of the following distributions cannot be simulated?
A) Poisson B) negative exponential C) normal D) uniform E) All of these can be simulated
When the twelve original members formed the European union in 1992, the primary motivation was to reassert the region's economic position against the United States and Japan.
Answer the following statement true (T) or false (F)