Question
If working capital is allowed to increase to an inappropriately high level: A: it can reduce the average rate of return on assets. B: it
If working capital is allowed to increase to an inappropriately high level:
A: it can reduce the average rate of return on assets.
B: it can reduce the average rate of return on equity.
C: there will be an opportunity cost of doing so.
D: All of the options are true
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, Gerald G. Griffin
6th Edition
0471293253, 978-0471293255
