In dealing with the French, a lot of what gets done is a result of going through administrative channels, which involves a lot of red tape, and efforts to sidestep this can be regarded as disrespect for legal and governmental institutions.
Answer the following statement true (T) or false (F)
False
In dealing with Saudi Arabians, a lot of what gets done is a result of going through administrative channels in the country. It is often difficult to sidestep a lot of this red tape, and efforts to do so can be regarded as disrespect for legal and governmental institutions.
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Which of the following is usually expressed in the form of a percentage?
a. rate of interest; b. principal of the note; c. time of the note; d. discount of the note; e. maturity value
Hill Top Lumber Company is considering building a sawmill in the state of Washington because the company doesn't have such a facility to service its growing customer base that is located on the west coast. Hill Top's executives believe that future growth in west coast customers will make the sawmill project a good investment. When evaluating the acceptability of the project, which of the following would be considered a relevant cash flow that should be included when determining its initial investment outlay?
A. Hill Top spent $150,000 to prepare the feasibility report of the project. B. The annual cash inflow of $2 million from another existing project that will continue unaffected by the new project. C. The cost of an existing debt of the firm that will annually increase by 0.3 percent as per the lending terms of the debt. D. The cost of $3 million incurred to clear the land on which Hill Top wants to build the sawmill. E. It is estimated that $20 million of business from existing customers will move to the new sawmill.
Tilden Industries reported net sales revenue of $1,700,000 and paid no dividends during the current year. The following information is also available at the end of the current and prior years:Current YearPrior YearTotal Current Assets$1,000,000$ 900,000Property, Plant, and Equipment, Net1,700,0001,400,000Total Current Liabilities450,000390,000Total Long-Term Liabilities600,000500,000Common Stock, $5 Par1,000,0001,000,000Paid-In Capital in Excess of Par200,000200,000Retained Earnings450,000210,000There was no preferred stock outstanding during the current year.Required:Part a. Calculate the return on equity for the current year.Part b. Calculate the debt-to-assets ratio for the current year.Part c. Calculate the fixed asset turnover ratio for the current year.Part d. Calculate the
current ratio for the current year.Round all ratios to two decimal points. What will be an ideal response?
Which of the following statement(s) is/are true?(A) If a division's return on investment (ROI) exceeds its cost of capital, then its residual income is positive.(B) If a division's cost of capital equals its return on investment (ROI), then its residual income is zero.
A. Only (A) is true. B. Only (B) is true. C. Both of these are true. D. Neither of these is true.