The DuPont identity measures ROE by multiplying ________
A) the current ratio × total asset turnover × the equity multiplier
B) the profitability ratio × times interest earned × the equity multiplier
C) the profitability ratio × total asset turnover × the equity multiplier
D) the current ratio × times interest earned × the equity multiplier
Answer: C
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Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $12,500theaccumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $5,300 . The valueof this transaction in the investing section of the statement of cash flows is
a. $12,500 b. $5,300 c. $2,750 d. $2,550
Which of the following accounts should be debited in a journal entry?
A) Accounts Receivable, when it has been decreased. B) Dividends, when it has been increased. C) Wages Payable, when it has been increased. D) All of these choices.
You should use italics for words or phrases used as examples of ___________________
a. language b. sales c. direct quotations d. headings
The teleological ethical theories are grouped together because “what is right?” is answered by looking at ______.
A. character B. rules C. Duty D. outcomes