Asset turnover is calculated as Net income divided by Average Total Assets

a. True
b. False

Indicate whether the statement is true or false


False

Business

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The origins of single-entry accounting were documented in a book written by Pacioli over 500 years ago. It includes the concepts of bookkeeping that are still applied today

a. True b. False Indicate whether the statement is true or false

Business

Refer to the figure. What is the constraint associated with node 1?

A) X21+ X31 - X12 - X13 = -1 B) X21 + X31 - X12 - X13 = +1 C) + X31- X12 - X13 = 0 D) X12 + X13 = 0 E) -X12 + X13 = -1

Business

Phillip and Dwight's train store has grown to the point that they need more capital to expand the current location and to open stores in other cities. They do not want the liability of taking out a loan and are no longer concerned about government oversight but would still like to maintain limited liability. They would most likely form a

A. corporation. B. sole proprietorship. C. syndicate. D. co-op.

Business

Which of the following smoothing constants would make an exponential smoothing forecast equivalent to a naive forecast?

a. 0 b. .1 c. .5 d. 1.0

Business