In addition to the comments obtained from responses to the exposure drafts and pubic round tables the U.S standard procedure is done by _______.
A. managers
B. auditors
C. the monitoring board
D. supervisors
E. none of the above.
C. the monitoring board (ensure that its standards are of a high quality)
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When two organizations pool resources, know-how, rewards, and risk in order to produce and market a product, they are
A. engineering a business-to-business network. B. establishing a coalition. C. outsourcing resources. D. creating a boundaryless organization. E. forming a strategic alliance.
Effervescent Egg Cream Company's trademark is used by Fizzy Drinks without its owner's permission. Fizzy's use of the mark is actionable provided that
a. consumers are confused. b. Fizzy's use is intentional. c. Fizzy and Effervescent are competitors. d. Effervescent's mark is registered.
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%
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