1 Firm B has a total asset turnover ratio of 3, a net profit margin of 2 percent, and return on equity of 15 percent. Its return on assets is ________.

A) 2 percent B) 3 percent C) 10 percent D) 6 percent

2.The return to an investor on a share of common stock ________.

A) is zero if dividends are not expected to grow

B) cannot be related to earnings or earnings payout

C) includes both a dividend yield and a capital gains yield

D) cannot be calculated if dividend growth rate is not constant

3 The amount of money that could be realized if an asset or group of assets is sold separately

from its operating organization is known as the ________ value of the firm.

A going-concern B liquidation Cmarket D intrinsic