Consider the four components identified by the author in the sustainable growth equation. Which if nay of these components are heavily influenced by executive management?
What will be an ideal response?
Each of the four components is heavily influenced by management. The profit margin is a function of how well managers control expenses, the asset turnover is a function of which assets the manager has chosen to purchase for the firm and how well those assets generate revenues. Leverage is the third component and managers choose the firm's capital structure, i.e., how to pay for the assets. Finally, the retention ratio is also a management decision.
Company policy about how to control expenses, the types of assets to buy, how to fund those assets, and how to distribute earnings to shareholders are all determined by executive management.
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A source document that an employee uses to report how much time was spent working on a job or on overhead activities and that is used to determine the amount of direct labor to charge to the job or to determine the amount of indirect labor to charge to factory overhead is called a:
A. Time ticket. B. Factory Overhead Ledger. C. Payroll Register. D. General Ledger. E. Factory payroll record.
The first question in a questionnaire should be intentionally difficult and complicated in order to weed out uninterested respondents
Indicate whether the statement is true or false
Background, Findings, and Overhead Costs are examples of ________ headings, which describe general topics in a report
Fill in the blank(s) with correct word
A simple random sample of size n from a finite population of size N is a sample selected such that each possible sample of size _____ of being selected.
A. Nhas the same probability B. nhas a probability of 0.5 C. nhas a probability of 0.1 D. nhas the same probability