The government of Country X actively manages the national economy by providing subsidies to aerospace firms and automobile manufacturers. Country X most likely engages in ________

The modified DuPont formula relates the firm's return on total assets (ROA) to its ________

A) return on equity (ROE) B) operating leverage multiplier C) net profit margin D) total asset turnover

FDS is a government agency which holds its yearly appraisals in December and provides employees with merit-based incentives based on their individual performance ratings

Merit is the only criterion for incentives at FDS and this is likely to have a strong positive impact on group performance. Indicate whether the statement is true or false