Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 _______ %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started