The return on assets compares ________ to average total assets during the year
a. net operating income
b. net income
c. net sale
d. net cash flow
b
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Which of the following happens after an economy reaches a peak?
A. Output begins to decline. B. The growth rate of population begins to rise. C. Income begins to rise. D. Unemployment begins to fall.
In contrast to a batch processing system, in a real-time system
a. a lag occurs between the time of the economic event and when the transaction is recorded b. relatively fewer hardware, programming, and training resources are required c. a lesser resource commitment per unit of output is required d. processing takes place when the economic event occurs
Gross profit is calculated by deducting ________ from sales revenue.
A) total fixed costs B) cost of goods sold C) total variable costs D) selling and administrative costs
One of the reasons given for the success of reality television shows is that the shows appeal to a cultural bias that real-life drama is preferable to fiction
Americans desire adventure and escapism that offered them the opportunity for participation but do not require it. In terms of the five characteristics of innovations that affect the rate of adoption, reality television shows have a high degree of ________ . A) innovation B) complexity C) tangibility D) divisibility E) compatibility