The Establishment Clause guarantees that there will be no state-sponsored religion

Indicate whether the statement is true or false


TRUE

Business

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A company had net sales of $813,100 and cost of goods sold of $574,920. Its net income was $31,070. The company's gross margin ratio equals:

A. 36.0% B. 41.4% C. 26.1% D. 25.5% E. 29.3%

Business

Soccer to the Masses is interested in global expansion but does not want to make a large financial commitment. Therefore, it decides to allow a Japanese company to manufacture and distribute products under the Soccer to the Masses name. This is a(n) ____ agreement.

A. exporting B. strategic alliance C. licensing D. countertrade E. bill of lading

Business

Interpreters and compilers both translate the human-readable code in high-level languages into machine languages in the same manner

Indicate whether the statement is true or false

Business

Despite the drawbacks of the payback method, the entrepreneur should continue to use it because

a. it is very simple to use in comparison with other methods. b. projects with a faster payback period normally have more favorable long-term effects on earnings. c. it provides a faster return of funds over time. d. it is inexpensive.

Business