The Code of Federal Regulations:
A) Is passed by Congress
B) Provides interpretations of the U.S. Constitution.
C) Contains state regulations as well as federal regulations.
D) None of the above
D
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The Magazine Division of Continental Publishing Company had the following financial data for the year: Assets available for use $1,000,000 Book Value $1,500,000 Market Value Residual income $100,000 Return on investment 15% Refer to Continental Publishing Company. What was the target rate of return for Continental Publishing Company?
a. 10% b. 15% c. 25% d. 5%
Constantly changing cognitive and behavioral efforts to manage specific external and/or internal demands that are appraised as taxing or exceeding the resources of the person is known as ______.
A. role conflict B. role imbalance C. workâlife balance D. coping
The extent to which the operating income can decline before a firm is unable to meet its annual interest costs can be found in:
A. the price-earnings ratio. B. the debt ratio. C. the times interest earned ratio. D. the return on equity. E. the profit margin.
Assume that Congress recently passed a provision that will enable Bev's Beverages Inc. (BBI) to double its depreciation expense for the upcoming year but will have no effect on its sales revenue or the tax rate. Prior to the new provision, BBI's net income was forecasted to be $4 million. Which of the following best describes the impact of the new provision on BBI's financial statements versus the statements without the provision? Assume that the company uses the same depreciation method for tax and stockholder reporting purposes.
A. The provision will reduce the company's cash flow. B. The provision will increase the company's tax payments. C. The provision will increase the firm's operating income (EBIT). D. The provision will increase the company's net income. E. Net fixed assets on the balance sheet will decrease.