The return on invested capital (ROIC) differs from the return on assets (ROA). First, ROIC is based on total invested capital rather than total assets. Second, the numerator of the ROIC is after-tax operating income rather than net income.
Answer the following statement true (T) or false (F)
True
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An out-group member is likely to be ______.
a. a star performer b. a poor performer c. found outside of the organization d. politically savvy
Smash Company has 4,000 machine hours available annually to manufacture badminton racquets
The following information is available for the two different racquets produced by Smash: Pro Unit sales price $400 Unit variable costs $100 Annual demand 2,000 units Machine time 1.5 hours per unit Mid Unit sales price $100 Unit variable costs $70 Annual demand 5,000 units 2 hours per unit How many units of each racquet should be manufactured for the company to maximize its operating income? A) 2,000 units of Pro and 1,500 units of Mid B) 2,000 units of Pro and 500 units of Mid C) 2,000 units of Pro and 5,000 units of Mid D) 5,000 units of Mid and 500 units of Pro
Blackwater Adventures has a bond issue outstanding that matures in sixteen years. The bonds pay interest semi-annually. Currently, the bonds are quoted at 103 percent of face value and carry a 9 percent coupon. The firm's tax rate is 34 percent
What is the firm's after-tax cost of debt? A) 5.19 percent B) 5.71 percent C) 7.86 percent D) 8.65 percent E) 11.41 percent
________ is referred to as the proprietors' share of (or net worth in) a business, after the liabilities are subtracted from the assets.
A. Private equity B. A breakeven expense C. Owners' equity D. An operating expense