The best way to study the relationship of the components within a financial statement is to prepare
A) ratio analysis.
B) common size statements.
C) a trend analysis.
D) profitability analysis.
B
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A primary purpose of using a standard cost system is
a. to make things easier for managers in the production facility. b. to provide a distinct measure of cost control. c. to minimize the cost per unit of production. d. b and c are correct.
Jerry Margulis makes knockoffs of Prada handbags. He calls them Preda, and that name appears on the product, but otherwise they look a lot like the original. Whereas Prada might typically sell for $300, a Preda seels for $40
A Preda is definitely of inferior quality compared to a Prada. Jerry sells his handbags to discount houses and other stores that do not carry Prada knock-off that looks like one. Prada learns of this activity, and sues Jerry for trade mark infringement. Which of the following is true? A) This is not trade mark infringement because purchasers are not fooled into believing that a Preda is a Prada. On the contrary, they know that it's not. B) Jerry is trading on the goodwill that Prada has built up, and that is actionable. C) Jerry may not be trying to fool the public, but purchasers of a Preda presumably are. D) The sale of low quality knock-offs harms Prada's reputation for high quality goods. E) B, C, and D
Promotion programs cannot be developed to coincide with peak sales periods for certain products and services.
Answer the following statement true (T) or false (F)
Cashier's checks, money orders, and traveler's checks are secured check alternatives to a personal check and therefore are more risk-free for the payee
Indicate whether the statement is true or false.