Net profit after taxes per dollar of equity capital is a basic measure of bank profitability called

A) return on assets.
B) return after taxes.
C) return on equity.
D) equity multiplier.


C

Business

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Which of the following is an example of a business investment?

A) net revenue B) operating profit C) gross rating points D) marketing budget E) profit margin

Business

The functions performed by sales managers include planning, recruiting, training, budgeting, developing compensation plans, and assessing sales force productivity

Indicate whether the statement is true or false

Business

Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 20,000 direct labor-hours, total fixed manufacturing overhead cost of $182,000, and a variable manufacturing overhead rate of $2.50 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:?Total direct labor-hours250?Direct materials$740?Direct labor cost$6,500Required:Calculate the selling price for Job X941 if the company marks up its unit product costs by 20%.

What will be an ideal response?

Business

How far back can we track the history of venture capital?

a. to the dot com investments of the early 90s b. to venture capital startups in the 1980s c. to the 1958 Small Business Investment Act d. to the 20th century investors such as the Rockefellers and the Bessemers

Business