Tibbs IncHad the Following Data for the Year Ending 12/31/2015: Net

question 8

Multiple Choice

Tibbs Inc.had the following data for the year ending 12/31/2015: Net income = $300;Net operating profit after taxes (NOPAT) = $400;Total assets = $2,500;Short-term investments = $200;Stockholders' equity = $1,800;Total debt = $700;and Total operating capital = $2,300.What was its return on invested capital (ROIC) ?

• A) 14.91%
• B) 15.70%
• C) 16.52%
• D) 17.39%
• E) 18.26%

Analyze the factors influencing net exports and net capital outflow.

Explain the impact of international transactions on a country's net exports.

Determine the effect of currency exchanges and investment on net capital outflow.

Evaluate the relationship between a government's budget deficit and the country's trade balance.

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Definitions:

Price Floor

A minimum price set by the government, below which the sale of a product is not allowed.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, aimed at protecting consumers from high prices.

Price Floor

A government-imposed minimum price below which a certain good or service cannot be sold, often set to protect producers or sectors.

Lobby

The act of attempting to influence the decisions of government officials, typically by special interest groups.