A Manager Can Improve Return on Assets by Implementing Which

question 17

Multiple Choice

A manager can improve return on assets by implementing which of the following actions?
I. Increasing sales
II. Decreasing costs
III. Decreasing assets

• A) I and II only
• B) II and III only
• C) I and III only
• D) I, II and III

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Definitions:

SEC

The Securities and Exchange Commission, a U.S. federal agency that oversees and regulates the securities industry and enforces securities laws.

Howey Test

A test created by the Supreme Court to determine whether a transaction qualifies as an "investment contract" and is therefore subject to securities laws.

Security Exists

Indicates that a financial security, such as a stock or bond, is issued and available for trading or investment.

Inside Information

Confidential or non-public information about a company or its operations that could be used for trading its public securities and is considered illegal when used for insider trading.