When a marketing strategy increases profit contribution without increasing capital invested, the firm's return on investment also increases.
Answer the following statement true (T) or false (F)
True
Any increase in profit contribution that the strategy generates-without increasing capital invested-increases the firm's return on investment.
You might also like to view...
If a drawer and a payee or holder have accounts at different banks, the payer bank and depository bank are not the same bank. In this case, the check is called a(n) ________
A) non-negotiable instrument B) presentment warranty C) stale check D) "on them" item
________ are not obligations of the U.S. Government, but most purchasers feel that they are implicitly guaranteed by the federal government
A) Treasury notes B) Treasury bills C) Federal agency issues D) Banker's acceptances
Over the last 14 trading days, the average price increase for Quincy Industries stock was $0.88 and the average drop on down days was $0.44. The relative strength index for Quincy is
A) 2. B) 66.67. C) 50. D) 33.33.
The following materials standards have been established for a particular product: Standard quantity per unit of output 5.3metersStandard price$17.20per meterThe following data pertain to operations concerning the product for the last month: Actual materials purchased 8,100metersActual cost of materials purchased$141,345 Actual materials used in production 7,600metersActual output 1,400unitsWhat is the materials price variance for the month?
A. $3,141 U B. $8,600 U C. $2,025 U D. $8,725 U