Dade Corp. has residual income of $10,000. If operating income equals $30,000 and the minimum required rate of return is 8%, what are average invested assets?
A. $250,000
B. $500,000
C. $375,000
D. $125,000
Answer: A
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Roy is a director of Sales Service Inc. Sales enters into a contract with TeleCenter Corporation in which Roy has a personal interest. Roy must
A. apply the “don’t ask, don’t tell” rule of personal conduct. B. use the situation to his personal advantage. C. make a full disclosure of the conflict of interest. D. none of the choices.
Which of the following is most likely the final stage of the business buying decision process?
A) problem recognition B) product specification C) proposal solicitation D) order-routine specification E) supplier performance review
Any intercompany gain or loss on a downstream sale of land should be recognized in consolidated net income:I. in the year of the downstream sale. II. over the period of time the subsidiary uses the land. III. in the year the subsidiary sells the land to an unrelated party.
A. I or II B. III C. I D. II
In 2011, the Davies Report on Women on Boards found that the proportion of women on Corporate FTSE 100 boards had risen, but that it would take how many years before there would be a balanced male/female representation on boards?
a. 10 years b. 25 years c. 50 years d. 70 years