Working capital is the excess of a company's current assets over current liabilities
a. True
b. False
Indicate whether the statement is true or false
True
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A company earned $3125 in net income for October. Its net sales for October were $12,500. Its profit margin is:
A. 400%. B. 25%. C. 200%. D. 3%. E. 7%.
What term describes for-profit companies that engage in cause marketing?
A. partners B. promoters C. creative marketers D. commercial co-venturers
A firm must pay all current and previously postponed preferred dividends before it can pay any dividends on common shares, thus the preferred shares have the feature called
a. convertible dividend rights. b. noncumulative dividend rights. c. cumulative dividend rights. d. callable dividend rights. e. participating dividend rights.
When Cyril has several assignments he has to work on for his classes, he always works on each assignment in the order it was received. For instance, if he received an assignment to write a paper on Monday and an assignment to research stock prices on Tuesday, he will work on the paper first and not start the stock research until the paper is done. This is an example of which priority scheduling method?
a. last in–first out b. first come–first served c. earliest due date d. shortest operating time