Return on investment (ROI) is a very popular measure employed to evaluate the performance of corporate segments because it incorporates all of the major ingredients of profitability (revenue, cost, investment) into a single measure. Under which one of the following combinations of actions regarding a segment's revenues, costs, and investment would a segment's ROI always increase? (CIA adapted) SalesEquipmentInvestmentA.IncreaseDecreaseIncreaseB.DecreaseDecreaseDecreaseC.IncreaseIncreaseIncreaseD.IncreaseDecreaseDecrease
A. Option A
B. Option B
C. Option C
D. Option D
Answer: D
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Which of the following statements about the Calvin cycle is correct?
A. The CO2 is absorbed and reduced to C2H2O2. B. The CO2 is absorbed and reduced to CH2O. C. The CO2 is absorbed and used to form ATP. D. The CO- is absorbed and reduced to CH2O.
A truck that cost $12,000 and on which $9,000 of accumulated depreciation has been recorded was disposed of on January 1. Assume that the truck was traded for a similar truck having a price of $13,000, that an $1,800 trade-in was allowed, and that the balance was paid in cash. The amount of the gain or loss recognized on this transaction would be
A) a $1,200 loss. B) a $1,200 gain. C) a $2,400 loss. D) no gain or loss recognized.
Mullis Company sold merchandise on account to a customer for $1025, terms n/30. The journal entry to record this sale transaction would be:
A. Debit Cash of $1025 and credit Sales $1025. B. Debit Cash of $1025 and credit Accounts Receivable $1025. C. Debit Accounts Receivable $1025 and credit Cash $1025. D. Debit Sales $1025 and credit Accounts Receivable $1025. E. Debit Accounts Receivable $1025 and credit Sales $1025.
Identify the sector of the economy that provides essential infrastructure and is important to our collective well-being because it meets needs that other sectors do not address.
A. The manufacturing sector B. The government sector C. The nonprofit sector D. The service sector