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

question 15

Multiple Choice

Tibbs Inc.had the following data for the year ending 12/31/12: 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%

Illustrate how consumer needs and market conditions influence product compatibility and acceptance.

Critique the role of market testing and pre-market activities in predicting product success.

Understand the concept and importance of testing phases in product development, including alpha, beta, and market testing.

Recognize the role of lead users and customer input in improving and innovating products.

---

Definitions:

Temporary Account

An account used to track transactions for a single accounting period, closed at the end and its balances are transferred to permanent accounts.

Withdrawals

Amounts of money taken out from a business by its owner(s) for personal use.

Capital

Capital refers to financial assets or resources that businesses use to fund their operations and invest in their growth, such as cash, machinery, and buildings.

Withdrawals

The act of taking out cash or other assets from a business by the owner for their personal use.