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Zinaida [17]
3 years ago
13

The average firm in each industry must have an m/b ratio that is equal to 1.0. true or false?

Business
1 answer:
kumpel [21]3 years ago
5 0
The M/B ratio is the ratio between the market value and the book value.<span>  It is </span><span>one indicator used to measure the worth </span>
It is false that the average firm in each industry must have an M/B ratio that is equal to 1.0
You might be interested in
The stock of Big Joe's has a beta of 1.40 and an expected return of 12.10 percent. The risk-free rate of return is 4.6 percent.
leonid [27]

Answer:

5.403%

Explanation:

Calculation for the expected return on the market

Using this formula

Expected return =(Expected return-Risk-free rate of return)/Stock beta +Risk-free rate of return

Where,

Expected return=12.10%

Risk-free rate of return=4.6%

Stock beta =1.40%

Let plug in the formula

Expected return =(0.121-0.046)/0.014+0.046

Expected return =0.075/0.014+0.046

Expected return=5.357+0.046

Expected return =5.403%

Therefore the expected return on the market will be =5.403

7 0
3 years ago
A company reports the following: Income before income tax $387,520 Interest expense 69,200 Determine the times interest earned.
katen-ka-za [31]

Answer:

6.6

Explanation:

The formula and the computation of the times interest earned is shown below:

Times earned interest = (Earnings before income tax and interest expense) ÷ (Interest expense)

where,

Earnings before income tax and interest expense is

= $387,520 + $69,200

= $456720

And, the interest expense is $69,200

So, the times interest earned ratio is

= $456,720 ÷ $69,200

= 6.6

8 0
3 years ago
The "act" part of the PDCA cycle for project meetings is: ​ a. perform in-between meeting tasks b. prepare an advanced agenda to
Lelu [443]

Answer: perform in-between meeting tasks(A)

Explanation:

The plan-do-check-act (PDCA) is a four-step method that is used in business and organizations for the control and improvement of the processes and products

A in PDCA stands for Act and it means to take action based on what one has learned in the study. In a case whereby the change does not work, own should go through the cycle again using a different plan.

In cases were one is successful, the person should incorporate what has been learned from the test into broader changes.

The "act" part of the PDCA cycle is used to perform in-between meeting tasks.

3 0
3 years ago
As the vice president of sales for Dunder Mifflin, Inc., a company that manufactures and sells paper to commercial offices, it h
nirvana33 [79]

Answer: Create Focus Groups.

Explanation:

Creating a Focus group out of the Customers that use the Scranton branch would help Dunder Milfflin find out a more specific issue that they are complaining about.

Should customers be brought together and asked what they think should be done to improve service, you will find that many complaints are similar which would enable a better way to tackle the issue faster opposed to tackling each issue as they come.

This Focus Group method is very efficient and accurate as the problems come from the horse's mouth so to speak and Multiple problems can be then be found and categorized separately.

7 0
2 years ago
Rupert and cordelia own an american company that does business in foreign nations. getting a license in a new country can be cha
Lyrx [107]

Answer:

The payment made by Cordelia

Explanation:

In the scenario it stated clearly that Rupert filled out what would have been a normal application form for operational license in the country

However Cordelia using connections was able to schedule a meeting with the government official that <u>has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license.</u>

Cordelia payment is nothing short of bribery and corruption because it is not a legally required payment and the motive was clearly to unduly influence the minister to approve their license.

Such payment will likely violate the foreign corrupt practices act

6 0
3 years ago
Read 2 more answers
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