Sugar Snap Manufacturing has the following information available from its accounting records: Shares outstanding throughout the year 12,000 Net income for current year$56,000 Stockholders' equity at beginning of year$230,000 Stockholders' equity at end of year$280,000 The company has no preferred stock. What is the approximate return on equity?
A. 25%
B. 22%
C. 20%
D. 234%
Answer: B
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A company can take several steps to improve the quality of its marketing intelligence. Which of the following best describes the practice used by McDonald's when it sent pseudo customers to assess stores' internal speed standards?
A) training and motivating the sales force to spot and report new developments B) motivating intermediaries to pass along important intelligence C) networking externally D) purchasing information from outside research firms and vendors E) using the sales information system to get accurate sales reports
The most important factor for developing group cohesion is:
a. A strong performance norm b. Having group members with diverse backgrounds c. Having group members with different levels of organizational status d. Good communication
In nearly all job order cost systems, materials ledger cards are perpetual records that are updated each time materials are purchased or issued for use in production.
Answer the following statement true (T) or false (F)
Simulation can be effectively used in many
A) inventory problems. B) plant layout problems. C) maintenance policy problems. D) sales forecasting problems. E) All of the above