According to the DuPont Analysis, an increase in net profit margin will decrease return on assets
Indicate whether this statement is true or false.
Answer: FALSE
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A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash$41,000? Current liabilities$76,000? Accounts receivable 56,000? Long-term liabilities 31,000? Inventory 61,000? Common stock 101,000? Equipment 146,000? Retained earnings 96,000? Total assets$304,000? Total liabilities and equity$304,000?
A. 1.28 B. 0.54 C. 0.65 D. 0.35 E. 2.08
Answer the following statements true (T) or false (F)
1. One of the ways that nonprofit organizations differ from for-profit corporations is their type of stakeholders. 2. One source of nonprofit management literature comes from academics at universities. 3. Nonprofit organizations are less well managed than businesses. 4. The beginning of management as a field of study dates approximately to the late 19th century. 5. Most small businesses fail within the first 2 years of business.
When communicating bad news, business communicators have five important goals. List and explain four of these goals
The financial statements for Myers Service Company include the following items
2017 2016 Cash $51,500 $49,000 Short-term Investments 27,000 13,500 Net Accounts Receivable 55,000 52,000 Merchandise Inventory 131,000 47,000 Total Assets 528,000 553,000 Accounts Payable 129,500 124,000 Salaries Payable 23,000 19,000 Long-term Note Payable 60,000 60,000 Compute the acid-test ratio for 2016. (Round your answer to two decimal places) A) 0.88 B) 0.80 C) 0.92 D) 0.71