A common-size statement of comprehensive income is defined as a financial statement wherein all items are expressed

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Question:

A common-size statement of comprehensive income is defined as a financial statement wherein all items are expressed as a percentage of:
A. Their prior year's value.
B. Their projected value.
C. Their 5-year average value.
D. Total assets.
E. Sales.

Which one of the following will increase the return on equity as computed using the Du Pont identity given that all else is held constant?
A. A decrease in total equity
B. A decrease in sales
C. A decrease in net income
D. An increase in total assets
E. An increase in costs

The purchase and sale of securities after the original issuance occurs in the:
A. Primary market.
B. Secondary market.
C. Dealer market.
D. Auction market.
E. Liquidation market.

The primary goal of financial management is to maximize the:
A. Growth rate of a firm.
B. Compensation of the corporate officers.
C. Current value of each share of outstanding stock.
D. Number of shares of common stock outstanding.
E. Book value of the firm.

To estimate the amount of cash which could be received if an asset were sold today, you should use the asset's:
A. Historical cost.
B. Market value.
C. Value as shown on the latest statement of financial position.
D. Book value.
E. Depreciated historical cost.

Net acquisitions is best described as:
A. The taxable difference between adjusted cost of disposal and UCC, when UCC is smaller.
B. Using a year's capital losses to offset capital gains in past years.
C. Using a year's capital losses to offset capital gains in future years.
D. The increase in value of an investment, when converted to cash.
E. Total installed cost of capital acquisitions minus adjusted cost of any disposals within an asset pool.