The gross margin ratio, return on total assets, and basic earnings per share are all ________ ratios.

What will be an ideal response?


profitability

Business

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Answer the following statements true (T) or false (F)

1. Those who have the Type A behavior pattern are involved in a chronic, determined struggle to accomplish more in less time. 2. Internals likely would prefer and respond more productively to incentives such as merit pay or sales commissions. 3. Individuals with an external locus of control tend to display greater work motivation, which leads to higher salaries. 4. A smoker who claims that the habit is not as dangerous as antismoking messages suggest, saying "My grandmother smokes and she's in her 80s," is attempting to increase cognitive dissonance.

Business

Assuming that the current ratio was 1.6 times and the quick ratio was 1.4 times before this transaction, the entry to record the payment of a previously declared and recorded cash dividend will

A) increase the current ratio and the quick ratio. B) decrease the current ratio and the quick ratio. C) increase the current ratio but have no effect on the quick ratio. D) have no effect on the current ratio or the quick ratio.

Business

Which of the following inventory costing methods reports most closely the current cost of inventory on the balance sheet?

a. FIFO b. Specific identification c. Weighted average d. LIFO

Business

The unusual demand for basic necessities in the aftermath of a natural disaster is an example of ______.

a. cyclical variations b. irregular variations c. seasonal variations d. exponential variations

Business