Which is the most commonly computed coverage ratio?
A) debt ratio
B) interest coverage ratio
C) return on common equity
D) net profit margin
B
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The four principal types of fraud include all of the following except
a. bribery b. gratuities c. conflict of interest d. economic extortion
Stockholders elect the board of directors who then appoint the officers of a corporation
Indicate whether the statement is true or false
Stiller Company owns a machine that was bought on January 2, 2011, for $376,000 . The machine was estimated to have a useful life of five years and a salvage value of $24,000 . Stiller uses the sum-of-the-years'-digits method of depreciation. At the beginning of 2014, Stiller determined that the useful life of the machine should have been four years and the salvage value $35,200 . For the year
2014, Stiller should record depreciation expense on this machine of a. $19,200. b. $44,400. c. $59,200. d. $70,400.
Which of the following best exemplifies a costly mistake that can be attributed to passive listening?
A) forgetting to reorder supplies and having work come to a standstill while you send an employee out to restock B) taking an order so large that your factory has to run costly overtime shifts to meet the production deadline C) failing to proof your report before making copies of it, and having to reprint them all after you realize this and correct the typos D) scheduling two appointments for the same time and having to cancel on one of your clients at the last minute E) mailing out a coupon giving customers 50% off on their orders because you misheard when your boss asked you to create a coupon for 15% off