Which part of a case brief should be one sentence long and is best written as a question?
a. Facts
b. Judicial history
c. Issue
d. Rule
e. Analysis
c
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Interest expense is reported in the operating expense section of the income statement
a. True b. False Indicate whether the statement is true or false
A business manager who is a deontologist would consider the consequences for whom before making an action?
a. every stakeholder b. every shareholder c. her own moral character d. the majority of stakeholders
The fixed asset turnover ratio
a. measures the relation between sales and the investment in fixed assets such as property, plant, and equipment. b. measures the amount of sales generated from a particular level of investments in fixed assets. c. is calculated by dividing sales by the average fixed assets for the period. d. all of the above. e. none of the above.
A company had income before interest expense and income taxes of $186,000, and its interest expense is $55,000. Calculate the company's times interest earned ratio.
What will be an ideal response?