The ________ environment sets the basic rules for how a business can operate in society.
A. legal
B. technical
C. economic
D. social
E. cultural
Answer: A
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Under a defensive strategic market plan, a particular product generates sales revenue of $32 million at a market share of 15 percent
If the business generates a gross profit of $7 million, calculate the percent margin on sales realized by the business. A) 21.8% B) 46.8% C) 10.5% D) 38.6% E) 15%
One can prepare the statement of cash flows
a. by examining every transaction affecting the cash account, and classifying each one as an operating activity, investing activity, or financing activity. b. using the T-account work sheet after the income statement and balance sheet have been prepared. c. using the T-account work sheet before the income statement and balance sheet have been prepared. d. by using both options a and b. e. by none of the above.
Which capital budgeting method is most useful for evaluating a project that has an initial after-tax cost of $5,000,000 and is expected to provide after-tax operating cash flows of $1,800,000 in year 1, ($2,900,000 ) in year 2, $2,700,000 in year 3,
and $2,300,000 in year 4? A) net present value B) internal rate of return C) payback D) accounting rate of return
The ROI calculation will indicate:
A. the invested capital generated from each dollar of income. B. the percentage of each sales dollar that is invested in assets. C. the sales dollars generated from each dollar of income. D. the overall quality of a company's earnings. E. how effectively a company used its invested capital.