With the adoption of the ____________, the U.S. began to address the need to prevent, or minimize, workplace accidents and health hazards
a. Securities Act
b. Occupational Safety and Health Act
c. Environmental Protection Agency
d. National Insurance Act
B
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Axle Co.'s accounts receivable turnover was 9.9 for this year and 11.0 for last year. Betterman's turnover was 9.3 for this year and 9.3 for last year. These results imply that:
A. Betterman has the better turnover for both years. B. Betterman is collecting its receivables more quickly than Axle in both years. C. Betterman's turnover is improving. D. Axle has the better turnover for both years. E. Axle's credit policies are too loose.
Coomb's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September 30 inventory is $32,500. If the December 31 inventory is targeted at $41,500, budgeted purchases for this quarter should be:
A. $91,500. B. $91,000. C. $25,000. D. $134,000. E. $109,000.
Indirect compensation includes healthcare benefits and commissions.
Answer the following statement true (T) or false (F)
If ACR's expected total return is 25% and its required rate of return is 20%, you should
A) buy the stock. B) not buy the stock. C) buy the stock, but only if its dividend yield is 5% or greater. D) sell the stock, if you already own it.