An organized effort to generate many ideas from various sources is important for any firm that wishes to produce a continuing flow of new products

Indicate whether the statement is true or false
a. True
b. False

ANSWER: True

An organized effort to generate many ideas from various sources is important for any firm that wishes to produce a continuing flow of new products. Many new product ideas are necessary to produce one successful new product.

Business

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Which of these is an indirect cost associated with insourcing?

A) maintenance B) purchasing C) receiving D) quality control

Business

Income Statement

Molson Coors Inc. Years 1 & 2 ($000s) Year 1 Year 2 Revenues 2,429,462 3,776,322 COGS 1,537,623 2,414,530 Depreciation 121,091 230,299 SG&A 619,143 833,208 EBIT 151,605 298,285 Interest Expense -14,403 49,732 Other income 32,005 8,047 Pre-Tax Income 198,013 256,600 Income Tax 75,049 94,947 Net Income 122,964 161,653 Shares outstanding 36,902 36,140 Earnings per share $3.33 $4.47 Dividends per common share $0.80 $0.82 Referring to the Molson Coors financial statements, what is the most important determinant of the change in ROE? A) ROA B) Profit Margin C) Total Asset Turnover D) The change in leverage

Business