The fixed asset turnover ratio is a profitability ratio.

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


True

The fixed asset turnover ratio indicates how much revenue the company generates for each dollar invested in fixed assets.

Business

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While break-even analysis analyzes the costs of sales, it fails to take into consideration consumers' ________ to price.

Fill in the blank(s) with the appropriate word(s).

Business

David Becker, CEO of Philippe Becker Design, Inc., attributes the success of his firm to which of the following?

A) writing and publishing books about marketing and public relations B) developing creative advertising and public relations campaigns C) building long-term relationships with members of the media D) supporting numerous high-profile charitable organizations E) assembling a staff of knowledgeable and reputable people

Business

Average number of defects per unit would be considered what type of performance measure?

a. Supply chain b. Financial c. Customer service d. Quality

Business

A contract between a company in the U.S. and one in China, contained a clause that stated: "If an event happens which is extraordinary and out of the control of the parties such as a strike, act of God, fire, accident, or transportation difficulties, then the affected party shall be relieved of its obligations under the contract." This type of clause is

a. an objective impossibility clause. b. a force majeure clause. c. a concurrent condition clause. d. a condition precedent clause.

Business