Which of the following statements more accurately describes the treasurer than the controller? a. Monitors copital expenditures to make sure that they are not misappropriated.
b. Responsible for investing the firm's spare cash.
c. Responsible for arranging any issue of common stock.
d. Responsible for the company's tax affairs.

What is used by accountant to analyze transactions ?

River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease