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Akeelah's Ice Cream's financial manager tells Akeelah that the firm's return on sales ratio is on the low side at 3 percent. What can the firm do to improve its return on sales? O a. Order ingredients more often but in smaller quantities Ob. Repay current liabilities and obtain additional cash from investors O c. Reduce expenses and reduce dividend payments to shareholders O d. Increase sales and reduce dividend payments to shareholders O e. Reduce expenses and increase salesDick's Sporting Goods sells a wide range of sports and leisure merchandise. The cash registers in each store automatically transmit data on each item sold to a central computer, which also records sales made online at the rm's website. The computer adjusts each store's inventory records accordingly. This best relates to which MIS function? 3. Collecting data b. Storing data c. Updating data d. Presenting information e. Processing data Equity capital generally provides the greatest part of a firm's financing. O True O FalseAn accountant can calculate a return on sales ratio to determine how well the firm is using the money invested by the owners. O True O FalseAsa Paxton, president of Paxton Manufacturing, suspects that the managers of two departments have been padding their budgets for the last three years. How can Asa address this problem? O a. Use zero-base budgeting O b. Fire the managers O c. Use traditional budgeting O d. Hire a new accountant O e. Hire an efficiency expertElla Mae Begay purchased a $1,000 corporate bond that pays 9 percent interest. The face value of her bond is $1,000. What is the amount of interest that she will receive each year? a. $100 b. $10 c. $50 d. $90 e. $45