Which of the following isnotpart of the standard heading of each financial statement? Select one: A. The company name B. The company's industry C. The date or time period of the statement D. The statement title All of the following are proper uses of financial accounting information by a company's board of directorsexcept:

Select one:

A. To distribute buy/sell recommendations prior to company release of informationB. To review the results of operations

C. To evaluate future strategy

D. To assess management performance

True, Inc. has an ROE of 10.3% and Binder Company has an ROE of 12.2%. Which of the following statements istrue? Select one: A. Binder reported more dollars of profit than True. B. True would likely be able to borrow money at a lower interest rate than would Binder. C. Binder is able to bring its product to market more efficiently than True. D. Binder has more of the firm financed with debt than True does. The International Accounting Standards Board (IASB) has legal authority to impose accounting standards on any country. Select one: True False

Data from the financial statements of The Kroger Company and SuperValu, Inc., two national grocery chains are presented below (in millions):

$ in thousands

The Kroger Co.

SuperValu, Inc.

Total liabilities, 2012 ......	$19,510	$12,032
Total liabilities, 2011 ......	18,207	12,418
Total assets, 2012 ......	23,476	12,053
Total assets, 2011 .......	23,505	13,758
Revenue, 2012 ....	90,374	36,100
Net income (loss), 2011.......	602	(1,040)

To the nearest hundredth, what is the 2012 debt-to-equity ratio for The Kroger Company?

Select one:

A. 0.79B. 44.16C. 3.78D. 4.92

How are the balance sheet and the statement of cash flows linked? Select one: A. By the amount of net income B. By the cash balance C. By the total shareholder equity D. By the amount of total retained earnings