Jack Daniels Co. and Hiram Walker Co. each has $100 million in Common Equity. Jack Daniels has 50 million shares outstanding, Hiram Walker has 60 million. Both have debt on their balance sheets, but both make the same amount of after-tax profits. Which has the higher ROE?

Nanotechnology uses individual atoms and molecules to create computer chips and other devices that are thousands of times smaller than current technologies permit

Indicate whether the statement is true or false

The preferred guidelines for allocating service department costs to user departments include ________

A) combining variable-cost and fixed-cost pools B) establishing details about cost allocation after providing services C) using actual costs for allocation of fixed costs and variable costs D) allocating variable-cost and fixed-cost pools separately