A(n)__________is an organized pattern of knowledge that an individual holds as true about his or her world

Fill in the blanks with correct word.


ANSWER: belief

A belief is an organized pattern of knowledge that an individual holds as true about his or her world. Beliefs may be based on knowledge, faith, or hearsay.

Business

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Empathy is associated with which of the three competitive priorities?

a. Cost b. Quality c. Customer service d. Empathy is not associated with any of the three competitive priorities

Business

Gerard's company will no longer store its data using in-house hardware and software; instead, data will be stored online at a remote location. This type of technology is called ________

A) telephony B) an open office C) cloud computing D) Web conferencing

Business

Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$40,000  $36,000  Inventory 28,000   35,000  Net sales (all credit) 190,000   186,000  Cost of goods sold 114,000   108,000  Total assets 425,000   405,000  Total stockholders' equity 240,000   225,000  Net income 32,500   28,000  Stealth Company's 2021 receivables turnover ratio is:

A. 4.70 times. B. 2.85 times. C. 10.63 times. D. 5.00 times.

Business

The Poole Company reported the following income for Year 2:      Sales$34,500? Cost of goods sold 8900? Gross margin$25,600? Selling and administrative expense 10,900? Operating income$14,700? Interest expense 4900? Income before taxes$ 9800 Income tax expense 2940? Net income$ 6860 What is the company's net margin?

A. 19.88% B. 42.61% C. 28.41% D. 74.20%

Business