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NEW QUESTION: 1
A company ships from its manufacturing facilities directly to its warehouses. If the number of warehouses increases, transportation costs between manufacturing facilities and warehouses most likely will:
A. become less predictable.
B. not change.
C. decrease.
D. increase.
Answer: D

NEW QUESTION: 2
The following SAS program is submitted:
data one;
date = '04juI2005'd;
format date weekdate.; run;
proc print data = one; run;
What output is generated?
A. Obs date 1 04Jul2005
B. Obs date 1 Monday, 07/04/2005
C. Obs date 1 Monday, July 4, 2005
D. Obs date 1 July4, 2005
Answer: C

NEW QUESTION: 3
Select Co. had the following 1994 financial statement relationships:
Asset turnover 5
Profit margin on sales 0.02
What was Select's 1994 percentage return on assets?
A. 0.4 percent.
B. 10.0 percent.
C. 2.5 percent.
D. 0.1 percent.
Answer: B
Explanation:
Choice "d" is correct. Return on assets equals income divided by average assets. This formula can be
further divided into the components of profit margin times asset turnover (referred to as the Dupont
formula):

Choices "a", "b", and "c" are incorrect, per the above calculation.