(CMA adapted, Jun 97 #17) Refer to the Devlin Company example. Devlin Company's rate of return on assets for the year ended May 31, Year 7, was
a. 7.2 percent
b. 7.5 percent
c. 8.2 percent
d. 11.2 percent
e. 11.9 percent
C
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Franklin Company is a medium-sized manufacturer of bicycles. During the year a new line called "Radical" was made available to Franklin's customers. The break-even point for sales of Radical is $250,00 . with a contribution margin ratio of 40 percent. Assuming that the profit for the Radical line during the year amounted to $80,000 . total sales during the year would have amounted to:
a. $450,000. b. $420,000. c. $400,000. d. $475,000.
The portion of variance in a dependent variable explained by an independent variable is referred to as the _________________________________________
Fill in the blank(s) with correct word
Comprehensive tax allocation is an example of:
a. finite uniformity. b. rigid uniformity. c. flexible uniformity. d. none of the above
The difference between customer lifetime value and customer equity is that
A. customer lifetime value looks at specific target markets. B. customer lifetime value focuses on purchases over the next year, while customer equity takes into account a longer time horizon. C. customer equity reflects the total stream of purchases that a customer could contribute to a company over the length of the relationship. D. customer equity takes a financial approach where customer lifetime value does not. E. customer equity takes into account a firm's current and future customers and the costs associated with each.