Each firm is assumed to maximize（ ）。
A: assets
B: services
C: profits
D: outputs
A: assets
B: services
C: profits
D: outputs
举一反三
- Managers are assumed to use ________ if they make logical and consistent choices to maximize value.
- A total asset turnover ratio of 3.5 indicates that A: For every $1 in sales, the firm acquired $3.50 in assets during the period. B: For every $1 in assets, the firm produced $3.50 in net sales during the period. C: For every $1 in assets, the firm earned gross profit of $3.50 during the period. D: For every $1 in assets, the firm earned $3.50 in net income. E: For every $1 in assets, the firm paid $3.50 in expenses during the period.
- Traditionally partners shared directly in the profits of the firm after ( ).
- The rate of return on total assets is calculated as ( ). A: (Sales profit + interest expense) ÷ total average assets B: (Net profit + interest expense) ÷ total average assets C: (operating profit + interest expense) ÷ total average assets D: (Total Profits + Interest Expense) ÷ Total Average Assets
- Liquid assets are deducted _____ from current assets(<br/>). A: Other receivables B: Accounts receivable C: Inventory D: Financial assets whose changes are measured at fair value and booked<br/>into current profits and losses.<br/>The