For purposes of computing EVA, the minimum desired rate or return on an investment is known as
A) ROI.
B) cost of capital.
C) residual income.
D) profit margin.
B
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Elliston Company accepted credit card payments for $10,000 of services provided to customers. The credit card company charges a 3% fee for handling the transaction. Which of the following describes the effect of this transaction?
A. Increase net income by $10,000 B. Increase assets by $10,000 C. Increase revenue by $9,700 D. Increase stockholders' equity (retained earnings) by $9,700
When a dividend is paid in cash, it is known as a
a. dividend payable; b. stock split; c. stock dividend; d. liquidating dividend; e. none of these
Which of the following is a basic objective of surveillance, whether manual or electronic?
a. Identify victims of the fraud b. Analyze how the money comes back in the form of assets c. Understand the cover-up or concealment of fraud d. Catch fraud at the theft act stage
What is the strategic significance of products in the maturity stage of the product life cycle?
What will be an ideal response?