Return on investment is computed by dividing income by

a. contribution margin.
b. inventory turnover.
c. assets invested.
d. long-term assets.


C

Business

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Once a bond portfolio is initially immunized, an investor should maintain the portfolio as it is until the end of the investment horizon

Indicate whether the statement is true or false.

Business

Mrs. Lindt exchanged 212 shares of Nipher common stock for 773 shares of Newland common stock. Her basis in the Nipher stock was $49,200, and the fair market value of the Newland stock was $138,000. Which of the following statements about the exchange is true?

A. Mrs. Lindt recognizes no gain on the exchange because she did not receive any cash. B. Mrs. Lindt's basis in her Newland stock is $138,000. C. If the exchange is pursuant to a reorganization of Nipher and Newland, Mrs. Lindt recognizes no gain. D. None of the above is true.

Business

You have been researching a company and have estimated that the firm's stock will sell for $44 a share one year from now. You also estimate the stock will have a dividend yield of 2.18 percent. How much are you willing to pay per share today to purchase this stock if you desire a total return of 15 percent on your investment?

A. $38.24 B. $40.20 C. $38.00 D. $39.00 E. $37.55

Business

In which group development process is the group's energy directed to working on the group's task?

A) storming B) forming C) norming D) performing

Business