American depository receipts (ADRs) are foreign stocks listed on a domestic exchange.
Answer the following statement true (T) or false (F)
False
American depository receipts (ADRs) are certificates created by organizations such as banks; they represent ownership in stocks of foreign companies that are held in trust by banks located in the countries where the stocks are traded. See 7-1: Types of Equity
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Most managers evaluate decision alternatives based on how
a. much the decision will increase or decrease organizational profits. b. the outcomes may affect selected performance measurement and reward criteria. c. much the outcome will reduce the organization's cost of capital. d. easily the decision impacts can be quantified in the organization's cost management system.
Persons injured by a Racketeer Influenced and Corrupt Organizations Act (RICO) violation can bring a private civil RICO action against the violator
Indicate whether the statement is true or false
Pierre's Ice Cream Company produces ultra-rich ice cream, which it sells in Cleveland, Ohio, and other neighboring places. Last year, its actual return on investment exceeded its target return on investment (ROI) for that fiscal year
The following results were found on its financial statements: Gross revenues: $250,000 Total assets: $500,000 Gross profits: $100,000 Total liabilities: $200,000 Net profits after tax: $ 50,000 Owner's equity: $300,000 What was the actual ROI for Pierre's Ice Cream Company? a. 6.67 percent b. 10 percent c. 22 percent d. 28 percent
To achieve large inventory savings, you need ______.
A. an annual replenishment system B. large shipments of purchased materials and components C. frequent shipments of purchased materials and components D. a smaller number of units to be produced and sold