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Average accounting return is defined as: Select one: A. Average sales divided by average total assets. B. Average cash inflow divided by average cash outflow C. Average net income divided by average book value. D. Average cash inflow divided by average book value. E. Average net income divided by average project cost. The Tindy Co. has set a record date of Friday, July 22 for its rights offering. What is the ex-rights date? Select one: A. Wednesday, July 20. B. Monday, July 18. C. Monday, July 25. D. Tuesday, July 19. E. Friday, July 22 . A firm is reviewing a project that has fixed costs of $123,500, variable costs of $189,700, sales of $427,600, and a 34% marginal tax rate. The project has no initial cash requirements. What is the degree of operating leverage for this project? Select one: A. 2.64 B. 1.61 C. 1.22 D. 1.64 E. .61