A company has net income of $250,000, net sales of $2,000,000, and average total assets of $1,500,000. Its return on total assets equals:
A. 600.0%.
B. 75.0%.
C. 13.3%.
D. 16.7%.
E. 12.5%.
Answer: D
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Intrapreneurs are also called ______.
a. corporate entrepreneurs b. semi-independent innovators c. venture initiators d. innovation agents
An access point (AP) is the computer or network device that serves as an interface between devices and the network. Each computer initially connects to the access point and then to other computers on the network.
Answer the following statement true (T) or false (F)
Rokosz Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:a.The budgeted selling price per unit is $104. Budgeted unit sales for October, November, December, and January are 6,900, 7,100, 11,300, and 15,300 units, respectively. All sales are on credit. b.Regarding credit sales, 30% are collected in the month of the sale and 70% in the following month. c.The ending finished goods inventory equals 20% of the following month's sales. d.The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $2.00 per pound. e.The direct labor wage rate is $23.00 per hour. Each
unit of finished goods requires 2.5 direct labor-hours. The budgeted required production for November is closest to: A. 9,360 units B. 10,780 units C. 7,940 units D. 7,100 units
Which of the following is not one of the evaluations of the control environment of an organization?
A. Whether management's philosophy and operating style promote effective internal control over financial reporting B. Whether sound integrity and ethical values, particularly of top management, are developed and understood C. Whether the Board or audit committee understands and exercises oversight responsibility over financial reporting and internal control D. Whether the company has an anonymous hot line