Freddie Is Trying to Learn the Names of the First

question 93

Multiple Choice

Freddie is trying to learn the names of the first five presidents of the United States.To help him,his mother makes up a story using the five names and then teaches the story to Freddie.She is using the mnemonic device of

• A)external memory aids.
• B)elaboration.
• C)rehearsal.
• D)organization.

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Definitions:

Return On Assets

Return on Assets (ROA) is a profitability ratio that measures how efficiently a company can manage its assets to produce profit during a period.

Cost Effectiveness

An evaluation criterion that compares the relative costs and outcomes (effects) of two or more courses of action.

Common Size Income Statement

A financial statement in which all items are expressed as a percentage of total sales, facilitating ratio analysis and comparison.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll.