A type of successor who is high in ingenuity, creativity, and drive would be considered a(n) _____ successor.
a. managerial
b. entrepreneurial
c. opportunistic
d. innovative
ANSWER: b
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Cash used to purchase a truck to transport lawn mowers and other tools to customer locations is reported on the statement of cash flows in the:
A) financing activities section. B) investing activities section. C) operating activities section. D) supplemental section.
Which of the following variables is considered non-random or deterministic?
A) next year's cash flow projections B) future interest rates C) last year's income D) projected value of the euro next week E) projected NASDAQ index
Duffert Industries has total assets of $1,050,000 and total current liabilities (consisting only of accounts payable and accruals) of $150,000. Duffert finances using only long-term debt and common equity. The interest rate on its debt is 9% and its tax rate is 40%. The firm's basic earning power ratio is 15% and its debt-to capital rate is 40%. What are Duffert's ROE and ROIC? Do not round your intermediate calculations.
A. 9.04%; 8.93% B. 11.26%; 9.14% C. 12.65%; 10.19% D. 13.90%; 10.50% E. 16.12%; 11.66%
What are the several ways of dealing with missing data?
What will be an ideal response?