When the firm's nominal profits are divided by the price level, the result is known as ________

A) nominal profitability
B) real profitability
C) inflation-adjusted profitability
D) relative profitability


Answer: B

Business

You might also like to view...

Achieving closure in negotiation involves making decisions and the process for making such decisions can be divided into four key elements: framing, reframing, coming to conclusions, and learning from feedback.

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

Business

The annual payments made on an installment note include a payment of a ________ of ________

a. None of these choices. b. payment; interest on the outstanding balance c. portion; the principal d. payment; a portion of the principal and a payment of interest on the outstanding balance

Business

What are the three levels at which marketing activities occur in an organization?

a. Radical, disruptive, and incremental b. Corporate, departmental, and individual c. Competitive, customer, and corporate d. Strategic, functional, and tactical e. Product, price, promotion, distribution

Business

Financial ratios can be used to assess which of the following aspects of a firm's performance?

A. Solvency B. Liquidity C. Profitability D. All of these answers are correct.

Business