An increase in a corporation's target rate would result in a(n)
a. increase in residual income.
b. decrease in return on investment.
c. decrease in residual income.
d. decrease in both residual income and return on investment.
C
You might also like to view...
Assume sales are $750,000, variable costs are 70% of sales, and operating income is $100,000 . What is the contribution margin ratio and fixed cost, respectively?
a. 70% and $125,000 b. 30% and $125,000 c. 70% and $625,000 d. 30% and $625,000
King Corp. has one million shares outstanding with a par value of $5. On August 24 of this year, it issued a 10% stock dividend when its stock price was $25. As a result of this stock dividend, retained earnings:
A. decreased by $500,000. B. increased by $500,000. C. decreased by $2,500,000. D. increased by $2,500,000.
Run-of-paper (ROP) advertising rates entitle a newspaper to place a given ad on any newspaper page or in any position it desires.
Answer the following statement true (T) or false (F)
For Markov processes having the memoryless property, the prior states of the system must be considered in order to predict the future behavior of the system
a. True b. False Indicate whether the statement is true or false