When a fact is known to the agent of a seller, the sale is deemed made by the seller with knowledge of that fact
Indicate whether the statement is true or false
True
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One reason that a common-sized statement is a useful tool in financial analysis is that it enables the user to
a. judge the relative potential of two companies of similar size in different industries b. determine which companies in a single industry are of the same value c. determine which companies in a single industry are of the same size d. make a better comparison of two companies of different sizes in the same industry
Compensation plans may need to vary depending on the type of salespersons. Which type of salesperson benefits from consistent quarterly bonuses and social pressure?
A) stars B) core performers C) dogs D) cash cows E) laggards
The rate earned on total assets measures the profitability of total assets, without considering how the assets are financed
Indicate whether the statement is true or false
Haslem Inc. has provided the following data concerning its only product: Selling price$100per unitCurrent sales 37,300unitsBreak-even sales 26,483units Required: Compute the margin of safety in both dollars and as a percentage of sales.
What will be an ideal response?