Total asset turnover is calculated by dividing net sales by average total assets.
Answer the following statement true (T) or false (F)
True
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Profit margin measures the relation of debt to assets.
Answer the following statement true (T) or false (F)
Which of the following is NOT an implication of section 302 of the Sarbanes-Oxley Act?
a. Auditors must determine, whether changes in internal control has, or is likely to, materially affect internal control over financial reporting. b. Auditors must interview management regarding significant changes in the design or operation of internal control that occurred since the last audit. c. Corporate management (including the CEO) must certify monthly and annually their organization's internal controls over financial reporting. d. Management must disclose any material changes in the company's internal controls that have occurred during the most recent fiscal quarter.
For a merchandising company, the difference between net sales and operating expenses is called gross margin
Indicate whether the statement is true or false
In Chinese, the KFC slogan "finger-lickin' good" came out as "eat your fingers off." And Motorola's Hello-moto ringtone sounded like "Hello, Fatty" in India. Which of the following strategies can be used to avoid such mistake
A) communication adaptation B) standardized global marketing C) straight product extension D) product adaptation E) communication extension