Apple Inc. reported revenues of 234 billion USD and net income of 53 billion USD in 2015. These figures represent a stunning annual growth in revenue and net income of 28 percent and 33 percent, respectively, for 2014. This information indicates the importance of using ________ to evaluate company financial performance.
A. historical comparisons
B. competitor analysis
C. industry norms
D. financial ratios
Answer: A
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Which of the following could not be used in job-order costing?
a. standards b. an average cost per unit for all jobs c. normal costing d. overhead allocation based on the job's direct labor hours
Derivative products:
a. are what remain after the platform product is built b. include different models, brands, or versions of the platform product c. are intended to fill performance gaps between platform products d. a, b, and c e. b and c
________ is a technique for systematically changing parameters in a model to determine the effects of such changes
Fill in the blanks with correct word
The cash conversion cycle is equal to the days of sales outstanding plus the days of sales in
inventory plus the days of payables outstanding. Indicate whether the statement is true or false