Answer the following statements true (T) or false (F)
1. LIFO inventory pricing does a better job than FIFO in equating current costs with current revenue.
2. Trend analysis is used to project the future performance of an industry.
3. If two companies have the same return on equity (ROE), they will also have the same return on assets (ROA).
4. A company can improve its return on equity (ROE) by changing its capital structure.
5. Because ratios are historic, they have minimal value to an investor.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
5. FALSE
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Which of the following statements is a limitation of Latin square designs?
A) They require an equal number of rows, columns, and treatment levels, which is sometimes problematic. B) They do not allow the researcher to examine interactions of the external variables with each other or with the independent variable. C) The researcher can control for only one external variable. D) Both A and B are correct.
In calculating the accounting rate of return using the straight-line method of depreciation, the annual average investment is calculated as (beginning book value + ending book value)/2.
Answer the following statement true (T) or false (F)
The Anderson v. Bellino case held that
a. the defendant did not act in good faith and violated the corporate opportunity doctrine. b. the business judgment rule protected the plaintiff's decision to award the Keno contract to an outside firm. c. the plaintiff was not able to show that the defendant violated the corporate opportunity doctrine. d. the defendant's action was not a conflict of interest and was made in good faith.
Lee has made several written and oral requests for his employees to undertake a new project. Although he has not received any feedback from his group, the task does not appear to be even started. This is an example of:
a. counter control b. insubordination c. follower power d. resistance