Return on equity is driven by (1 ) the spread between the operating return on assets and the interest
rate, and (2 ) changes in the debt ratio.
Indicate whether the statement is true or false
TRUE
Business
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Julio is a supervisor known for being an excellent listener and collaborator. His company will soon acquire a whole new product line, which may increase workload
In order to build a consensus for this new situation, Julio asks for employee input and participation. Which of the four leadership styles best describes Julio in this example? Why?
Business
Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $242,000, and a desired minimum rate of return of 15%. The residual income for Chicks is:
A) $60,500 B) $22,000 C) $77,000 D) $24,200
Business