The availability of substitutes plays a role in determining the bargaining power of suppliers for industrial clients

Compute the return on investment (rounded to nearest percent) for the Tim Tom investment center from the information given below. Tim Tom Subsidiary Total sales $1,600 Operating income $180 Average assets invested $850 Profit margin ? Asset turnover ? ROI?

A) 21% B) 18% C) 15% D) 12%

A sovereign nation has the power to nationalize a foreign private enterprise without compensation

Indicate whether the statement is true or false