QUESTION 6

1. High profit margins indicate efficient management of assets.
2. True
3. False

4 points

QUESTION 7

1. Return on equity measures the percentage return to the owners' investments in a business.
2. True
3. False

4 points

QUESTION 8

1. "Patronage refunds payable" on the liabilities side of a cooperative balance sheet represent funds that have already been paid to members.
2. True
3. False

4 points

QUESTION 9

1. All cooperative returns are created only at the cooperative level.
2. True
3. False

4 points

QUESTION 10

1. Equity multiplier shows the percentage of assets that are financed or owed by the members.
2. True
3. False