Safari Equipment Company has several divisions that are investment centers. Data for the Boat Division and the Trailer Division are shown here:
Which of the following statements would be the most meaningful interpretation of this data?
A) The Boat Division's performance is better than that of the Trailer Division because it has higher assets.
B) The Boat Division uses its assets less efficiently than the Trailer Division does because it has a lower return on investment.
C) The Boat Division shows a more efficient use of assets than the Trailer Division because it has a higher operating income.
D) The Boat Division is financially more successful than the Trailer Division because it shows an increase in assets.
B) The Boat Division uses its assets less efficiently than the Trailer Division does because it has a lower return on investment.
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What is a global firm?
A) A firm that operates in one country and exports its goods and services to foreign countries. B) A firm that operates in more than one country and has a sales and marketing staff in those countries. C) A firm that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors. D) A firm that sells its products and services across the world but restricts manufacturing to the home country. E) A firm that operates in more than one country but restricts the sale of its products to the home country.
A "right-to-audit" clause:
a. provide rights to the vendor to audit the company's books at any time. b. gives an external auditor the right to audit the company's books. c. is considered in civil court as an invasion of privacy. d. alerts vendors that the company reserves the right to audit the vendor's books at any time.
______ and ______ are both adequate responses to an influence tactic.
What will be an ideal response?
Cash received from customers for mowing their lawns is reported on the statement of cash flows in the:
A) financing activities section. B) investing activities section. C) operating activities section. D) supplemental section.