Return on investment is superior to residual income as a means of measuring performance because it encourages managers to make investment decisions that are more consistent with the interests of the company as a whole.

a. True

b. False

Bert sells his car to Conrad for $5,000 and his bike to Del for $600. Bert sells his vinyl collection to Elena for $1,000 and his stock in Altogether Now, Inc.-a firm that markets an app for organizing digital music files-to Franz for $4,000.

Consider the following statement about real options: Decision tree analysis is more commonly used in valuing securities than real assets. True or False: The preceding statement is correct.

During the current month, Reyes Corporation completed Job 310 and Job 312. Job 310 cost $62,890 and Job 312 cost $48,780. Job 312 was sold on account for $88,360. Journalize the entries for the completion of the two jobs and the sale of Job 312.

A person who is skilled at performing calculations, had math skills for advanced analysis, and has organizational skills would best be suited to work as a.) a credit analyst b.) a sales manager c.) an advertising manager d.

Pell grants are money given to students attending college. pell grants are most closely similar to a. property rights assigned to consumers of a good. b. public provision of a good. c. vouchers given to consumers of a good. d.

Technical tool that provides users with the ability to study, control, and improve processes of all types is a:

Johansen Corporation has a target capital structure of 60 percent common stock and 40 percent debt. Its cost of equity is 14 percent, and the cost of debt is 8 percent. The relevant tax rate is 30 percent. What is the company's WACC?

On November 1, 2018, Aviation Training Corp. borrows $49,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1., 2. & 3.

A stock's price is simply the current market price, and it is easily observed for publicly traded companies.

Why is important to have a personal financial so important