Which of the following transactions will increase a corporation's operating return on assets?
A) sell 10-year bonds and use the money to pay off current liabilities
B) negotiate a new contract that lowers raw material costs by 10%
C) sell stock and use the money to pay off some long-term debt
D) increase sales by 10%
B
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Common Dividends Payable is reported as a(n)
a. current asset; b. reduction of Retained Earnings; c. addition to Retained Earnings; d. current liability; e. long-term liability.
All of the following are examples of words that are often considered confusing to respondents EXCEPT:
A) usually. B) normally. C) frequently. D) definitely. E) sometimes.
Mcleod, Inc. incurred fixed costs of $300,000. Total costs, both fixed and variable, are $500,000 when 59,000 units are produced. It sold 35,000 units during the year. Calculate the variable cost per unit. (Round your answer to the nearest cent.)
A) $8.47 B) $14.29 C) $5.08 D) $3.39
Under what circumstances is it advantageous for a company competing in foreign markets to disperse certain value chain activities across many countries?
What will be an ideal response?