Which of the following changes would NOT change return on investment (ROI)?
a. Decrease sales and expenses by the same percentage.
b. Increase total assets.
c. Increase sales dollars by the same amount as total assets.
d. Decrease sales and expenses by the same dollar amount.
Answer: d. Decrease sales and expenses by the same dollar amount.
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When consensus is high, consistency is low, and distinctiveness is high, we tend to make ______.
A. situational (external) attributions B. dispositional (internal) attributions C. the fundamental attribution error D. correspondent inferences
Uncovering key performance issues that normally might go unnoticed in day-to-day business operations is the primary purpose of the ________ step of a marketing plan
A) situation analysis B) revenue planning C) performance evaluation D) performance gap E) channel strategy
Answer the following statements true (T) or false (F)
1. If an asset is disposed of during the year, there is no need to calculate depreciation from the beginning of the year of disposal to the date of disposal. 2. A business, which has a calendar year accounting period, purchased an asset on March 1, 2018. The business disposed of the asset on August 31, 2019. For the calendar year 2019, depreciation should be calculated from January 1 to August 31. 3. If a business changes the estimated useful life, or estimated residual value, of a plant asset, depreciation expense must be recalculated. 4. When a company makes an accounting change in estimate, Generally Accepted Accounting Principles require that the company make changes to financial statements of prior years.
For which of the following situations is an in-house sales force best suited?
A) long sales cycles B) introductory life cycle stage of product C) short-term sales boosts D) unstable markets