Which of the following is the correct formula for the profit margin ratio?
A) Net profit / Sales
B) Net sales / Average total assets
C) Net profit x Capital invested
D) Operating income / Net sales
D
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From the standpoint of the lessee, the minimum lease payment includes all of the following except
a. the guaranteed residual value. b. the lessee's obligation to pay executory costs. c. the bargain purchase option. d. any payment that the lessee must make upon failure to extend or renew the lease.
Confirmation questions are most likely intended to reveal:
A) mutual understanding B) pain and implications C) problems and situations D) negotiation capabilities E) pleasure satisfaction
Vanguard's success is measured by which of the following?
a. Low redemption rates b. High redemption rates c. Low customer turnover d. High customer turnover e. Portfolio stability
The parental duty of support is terminated if a minor becomes emancipated
Indicate whether the statement is true or false