A ________ ratio is commonly used to assess owners' appraisal of the share value
A) debt
B) price/earnings
C) return on equity
D) return on total assets
B
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On June 8, Williams Company issued an $80,000, 5%, 120-day note payable to Brown Industries. Assuming a 360-day year, what is the maturity value of the note?
a. $82,600 b. $84,000 c. $81,333 d. $88,200
Estate has an ROI of 16% based on revenues of $400,000. The residual income is $14,000 and the investment turnover is 2. What is the hurdle rate?
A. 8% B. 9% C. 18% D. 16%
A voucher
A) is received from customers to explain the purpose of a payment B) is normally prepared in the Accounting Department C) system is used to control cash receipts D) system is an internal control procedure to verify that the assets in the ledger are the ones the company owns
Which of the following is an issue that must be addressed in the internal controls for e-commerce?
A) burglar alarms B) tone at the top C) phishing expeditions D) need for outside auditors