The excess of divisional income from operations over a minimum amount of divisional income from operations is termed:
A) profit margin
B) residual income
C) rate of return on investment
D) gross profit
B
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The ability to earn a satisfactory return on investments is called
a. profitability; b. liquidity; c. leverage; d. expenses; e. turnover
Megan agrees to sell Nancy her Rolex watch but they do not specify a price. In such a case, the court would not enforce the agreement because all of the essential terms are not present
a. True b. False Indicate whether the statement is true or false
All the following are true about schedule rating except:
A) used in rating some commercial buildings B) analyzes each property individually C) starts with a rate for a standard building in the same city as the building being rated D) the rate is looked up based upon a few rating factors such as construction type and territory
Why is constitutional law the foundation of all other types of laws?