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1. Which of the followings is NOT a tool to measure firm performance? a. Market capitalization b. Return on assets c. Economic value d. Firm

1. Which of the followings is NOT a tool to measure firm performance?

a. Market capitalization

b. Return on assets

c. Economic value

d. Firm reputation

2. Apple Watch retailed for $399 in 2020, and firm was predicted to sell millions of units. The firm's total cost in terms of materials and labor was no more than $84. Thus, Apple's economic value for each watch sold is

_______dollars with a profit margin of _______ %

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