The basic earning power ratio (BEP) reflects the earning power of a firm's assets after giving consideration to financial leverage and tax effects.
Answer the following statement true (T) or false (F)
False
Rationale: BEP = EBIT/Assets. EBIT reflects earnings before the effects of leverage (interest) and taxes, so the statement is false.
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Internet is not a suitable channel for engaging in interactive marketing
Indicate whether the statement is true or false
Habitat for Humanity
a. has eliminated direct mailings to donors and uses only electronic communication. b. relies on donor gifts of time, talent, and money. c. expects each donor to contribute both time and resources. d. uses a single method to persuade donors to contribute.
There are, there is, and it is are examples of unnecessary opening fillers
Indicate whether the statement is true or false
Which of the basic financial statements is used to explain changes in the owner's equity that are NOT explained by the income statement?
A) Balance sheet B) Statement of shareholders' equity C) Income statement D) Cash flow statement