The most significant difference between a manufacturer's income statement and a merchandiser's income statement is the use of "cost of goods manufactured" in the place of "purchases."

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Market equity beta measures the covariability of a firm's returns with the return's of

a. all industry competitors in the market. b. risk free securities. c. all securities in the market. d. all firms of comparable market value.

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List four contextual forces affecting business communication. Explain one of the forces in detail

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The term NC machines refers to ______.

a. machines in North Carolina b. numerically controlled machines c. numerically consistent machines d. near catastrophic machines

Business

If insurers were to provide indemnification for losses that were deliberately caused, which characteristic of ideally insurable risks would not be met?

A) The loss must be accidental and unintentional. B) The loss must be determinable and measurable. C) The loss should not be catastrophic. D) There must be a large number of similar exposure units.

Business