For a merchandising company, the difference between net sales and operating expenses is called gross margin

Indicate whether the statement is true or false


False

Business

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A pay range exists whenever two or more rates are paid to employees in the same job.

Answer the following statement true (T) or false (F)

Business

The current ratio

a. is generally smaller than the quick ratio. b. decreases when a company becomes more liquid. c. increases when a company allows more customers to charge on account instead of collecting cash. d. is larger when a company is more liquid.

Business

______ are ways of presenting numerical information with visual representations.

a. Text b. Graphs c. Models d. Photographs

Business

Althea Caldwell is the director of Arizona's Department of Health Services (DHS). DHS is charged the administration of the state's behavioral health system and is responsible for contracting with private providers for millions of dollars of mental

health care each year for eligible patients. Ms. Caldwell accepted a $20,000 per year director position for a hospital group corporation. One of the hospitals in the group was one to which state contracts for mental health treatment had been awarded. One month after accepting the position, Ms. Caldwell asked the state's attorney general for an opinion as to whether she had a conflict of interest. Does Ms. Caldwell have a conflict of interest?

Business