Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a manager of a business firm made the following st

A manager of a business firm made the following statement in an interview with local...

80.2K

Verified Solution

Question

Accounting

A manager of a business firm made the following statement in an interview with local news agency regarding the firm's investment strategy. "Our strategic priority is find a good spot (or location) for a new store where it can generate $1,000,000 of annual sales if we invest $750,000."

Which of the following ratio did the manager mention?

A. ROS

B. ROA

C. ROE

D. Asset Turnover Ratio

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Q3. The management at Big Toy Company is considering purchasing a new machine and it has gathered...

Finance
Q

Part 1 of 3: Describe how strategic design of work tasks can improve an organization? Cite...

Psychology
Q

List at least three concerns/consequences for an adult who was sexually abused as a child.

Psychology
Q

Three fair dice are rolled. Let S be the total number of spots showing, that is...

Advance Math
Q

The accounting records of Wall’s China Shop reflected the following balances as of January 1, Year...

Accounting
Q

Starting with a sample of pure 66 Cu c 7 minutes 8 Zn in 15...

Physics
Q

Problem 6. (1 point)If the determinant of a 5 5 matrix A is det(A)...

Algebra
Q

An nth degree polynomial p satisfies the following conditions p is of degree 3 6...

Algebra
Q

Diaz and Associates incurred the following costs in...

Accounting
Q

Barnes Company uses a job order cost system. The following data summarize the operations related...

Accounting
Q

The value chain is the set of activities required to design, develop, produce, market, deliver...

Accounting
Q

Peterson Papers makes personalized stationery of the highest quality. The company maintains a stock of...

Accounting