Expropriation is one of the greatest risks companies take when they engage in international business
Indicate whether the statement is true or false
TRUE
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Last year Rosenberg Corp. had $195,000 of assets, $18,775 of net income, and a debt-to-total-assets ratio of 32%. Now suppose the new CFO convinces the president to increase the debt ratio to 48%. Sales and total assets will not be affected, but interest expenses would increase. However, the CFO believes that better cost controls would be sufficient to offset the higher interest expense and thus keep net income unchanged. By how much would the change in the capital structure improve the ROE?
A. 4.36% B. 4.57% C. 4.80% D. 5.04% E. 5.30%
Which of the following best describes retailers' scarce resources?
A) employees B) selling space C) available product D) technology
Eliza is part of a(n) ________ group within her company and looks forward to Friday Funday each week, when members socialize in the break room at the end of the day.
A. friendship B. ad hoc C. virtual D. interest E. command
How is the contribution margin calculated?
What will be an ideal response?