Which of the following is the best indicator of management's effectiveness at managing the firm's balance sheet?
A) Debt ratio
B) Total asset turnover
C) Times-interest-earned
D) Operating profit margin
Answer: B
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Which of the following is not a major advantage of having a large inventory for a retailer?
a. quantity discounts in purchases b. lower risk of obsolescence and deterioration c. lower frequency of stockouts d. low per-item shipping costs
Which of the following is NOT true of the action strategy?
A. Results from knowing how an organization's policies and procedures contribute to public relations problems B. Does not relate to two–way symmetrical public relations C. Concentrates on adjustment and adaptation within the organization D. Includes changes within the organization E. Should be coordinated with the communication strategy
Which of the following can be exchanged for cash by merely having possession of the instrument?
A) a certificate of deposit B) an allonge C) an order instrument D) a bearer instrument
Charlie's smartphone is two years old and he would like to have a new one. This time, he wants to make sure that it has a longer battery charge and better geographic coverage since he is traveling three days a week for his new job. Charlie is most likely to use _____ for this purchase.
A. routinized response behavior B. limited decision-making behavior C. extended response behavior D. intensive decision-making behavior E. extended decision-making behavior