The firm's ________ indicates how much the firm's profits contribute to ROE
A) asset turnover
B) financial leverage
C) profit margin
D) return on assets
C
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While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________
A) countries in which the company feels comfortable with the language, laws, and culture B) countries that are located close C) countries that the home country's management team have visited D) countries that have no trade barriers E) countries with good infrastructure and stable political environment
What is business process management?
A. An international standard that ensures that business processes meet the customers' needs. B. A systematic approach to improving an organization's business processes to align with customers' needs. C. The process of redesigning business processes to align with new technologies and governance requirements. D. Understanding an organization's core competencies and how they underpin customer satisfaction.
Opportunity is defined as ______.
a. the worth of something in terms of the amount of other things for which it can be exchanged b. any conception, thought, or notion existing in the mind as a result of mental understanding and awareness c. being perceived as desirable d. an apparent way of generating value through unique, novel, or desirable products or services that have not been previously exploited
Camps Inc. has a standard cost system. The standards for direct materials for one of its products specify 4.4 ounces of a particular input per unit of output at a standard cost of $6.40 per ounce. The company has reported the following actual results for the product for May:?Actual output2,900 units?Raw materials purchased14,600 ounces?Actual cost of raw materials purchased$86,140??Raw materials used in production12,770 ouncesRequired:a. Compute the materials price variance for this input for May.b. Compute the materials quantity variance for this input for May.
What will be an ideal response?