Return on assets is a very important analytical tool because it measures how effectively management is using a firm's assets to generate profits

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Customer complaints are opportunities for building customer loyalty

Indicate whether the statement is true or false

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All of the following are benefits to using cryptocurrencies except ________.

A. it is faster and easier to use than traditional payment methods B. there are no taxes C. it is insured by the Federal Reserve Bank D. it cannot be seized by the government E. there is protection from inflation

Business

On March 1, 2018, Lewis Services issued a 6% long-term notes payable for $18,000. It is payable over a 3-year term in $6000 principal installments on March 1 of each year, beginning March 1, 2019.

Which of the following entries needs to be made on March 1, 2018?

Business

Which of the following is designed put the burden on mortgage lenders to verify that a borrower can afford to repay the loan for which he or she has applied?

A) Fair Credit Reporting Act B) Consumer Financial Protection Act of 2010 C) Truth-in-Lending Act D) Mortgage Reform and Anti-Predatory Lending

Business