The margin of safety can be expressed in dollars or as a percent of sales.
Answer the following statement true (T) or false (F)
True
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Flitter reported net income of $17,500 for the past year. At the beginning of the year the company had $200,000 in assets and $50,000 in liabilities. By the end of the year, assets had increased to $300,000 and liabilities were $75,000. Calculate its return on assets:
A. 23.3%. B. 8.8%. C. 35.0%. D. 5.8%. E. 7.0%.
Portia is a vegetarian and chooses not to eat meat based on moral and ethical rationales. Her employer is hosting a barbeque event, and all employees are expected to attend. Portia exercises her right of ______ when asking to be excused from the party.
A. life and safety B. free speech C. due process D. freedom of conscience (limited)
Which is true about voice mail?
A. Voice mail technology is typically used by itself and not combined with other technologies. B. Service desks typically use voice mail during the day and answering services at night. C. The best companies set and manage voice mail response times and promptly return all customer calls. D. Most customers prefer to leave a voice mail than to wait for an analyst to be available.
Good captions are interpretive and ______________
a. complex b. informative c. abstract d. cryptic