Translation gains or losses can be quite different from operating gains or losses not only in magnitude but also in sign

Indicate whether the statement is true or false.


Answer: TRUE

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The following information pertains to Newman Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant, and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities $

60,000 Long-term liabilities 95,000 Stockholders' equity—Common 155,000 Total liabilities and stockholders' equity $310,000 Income Statement Sales $90,000 Cost of goods sold 45,000 Gross margin $45,000 Operating expenses 20,000 Net income $25,000 Number of shares of common stock 6,000 Market price of common stock $40 Dividends per share $1.00 Cash provided by operations $40,000 What is the rate earned on total assets for this company? a. 8.1% b. 6.8% c. 10.5% d. 16.1%

Business

Writing an online blog uses the same principles as writing a traditional report

Indicate whether the statement is true or false.

Business

Persuasive requests are generally more effective when they are organized directly

Indicate whether the statement is true or false

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The quality management plan describes how an organization's quality policies will be implemented

Indicate whether the statement is true or false

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