Answer the following statements true (T) or false (F)
Economic profit is equal to net operating profit less taxes paid minus a charge on invested capital.
ANSWER: T
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Explaining negative news in the body of your message
A) is required in all negative messages. B) adds unnecessary verbiage to the message. C) is guaranteed to confuse even the most conscientious readers. D) is required for external audiences but isn't useful for internal audiences. E) is often helpful when you're writing to an important customer.
Only public companies have to be concerned with business risk
a. True b. False Indicate whether the statement is true or false
A potential fraud risk associated with debt obligations is the intentional misclassification of short-term debt as long-term debt
a. True b. False Indicate whether the statement is true or false
Charging different prices to different buyers for identical goods is price discrimination
a. True b. False Indicate whether the statement is true or false