Which of the following is the formula to compute the rate of return on total assets?
A) The formula is (Net income - preferred dividends)/Average common stockholders'
equity.
B) The formula is (Net income - preferred dividends)/Number of shares of common stock
outstanding.
C) The formula is Net income/Net sales.
D) The formula is (Net income + interest expense)/Total assets.
D
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Which of the following is considered research and development costs?
a. Planned search or critical investigation aimed at discovery of new knowledge. b. Translation of research findings or other knowledge into a plan or design for a new product or process. c. Translation of research findings or other knowledge into a significant improvement of an existing product. d. all of the above.
As a company's international business grows, the complexity of coordinating and directing this activity extends beyond the scope of a single person
Indicate whether the statement is true or false