On a common-size income statement, operating income should be stated as a percentage of:
A) net income.
B) sales revenue.
C) operating income.
D) total assets.
B
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___________________________________ financial statements are helpful in highlighting the relative magnitude of changes in financial statement data from year to year
Fill in the blank(s) with correct word
A "think-local, act-local" multidomestic type of strategy
A. is more appealing when the country-to-country differences in buyer tastes, cultural traditions, and market conditions are diverse. B. is very risky, given fluctuating exchange rates and the propensity of foreign governments to impose tariffs on imported goods. C. can defeat a global strategy if the "think-local, act-local" multicountry strategist concentrates its efforts exclusively in those foreign markets which have superior resources. D. is usually defeated by a "think-global, act-global" type of strategy. E. is generally an inferior strategy when one or more foreign competitors are pursuing a global low-cost strategy.
Sales discounts do not affect a company's gross margin percentage.
Answer the following statement true (T) or false (F)
An action for negligence consists of five elements, each of which the plaintiff must prove. These elements include:
A) harm. B) res ipsa loquitur. C) a reasonable person. D) All of these.