If a company contains a number of investment centers of differing sizes, return on investment (ROI) should be used rather than residual income to rank the financial performance of the divisions.
Answer the following statement true (T) or false (F)
True
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Retailers study traffic flow, street congestion, and parking space availability when considering a new store site to determine the potential site's
A. visibility. B. parallel tenants. C. adjacent tenants. D. availability. E. accessibility.
How would the collection of an account receivable affect the current ratio and the quick ratio, respectively?
a. No effect on current ratio; increase in quick ratio b. Increase in current ratio; increase in quick ratio c. No effect on current ratio; no effect on quick ratio d. Decrease in current ratio; decrease in quick ratio
Free cash flow:
a. is determined by adding the dividends and capital expenditure to the cash flows from operating activities. b. is the cash flows arising from the acquisition and disposal of non–current assets. c. relates to significant investing or financing transactions in which no cash is exchanged. d. is the excess cash a company generates beyond what it needs to invest in productive capacity and pay dividends to stockholders.
Identify the sentence that best reflects the "you" attitude
A) The order was shipped on March 15. B) You should receive your order by Friday, April 10. C) We have extended our store hours until 10:00 p.m. on weekends. D) I need your completed questionnaire by December 1 so I can prepare my report. E) You should open an account with our bank because we pay the highest interest rates.