Duncan reported net sales of $2,523 million and average total assets of $1,476 million. Its total asset turnover equals 1.71.
Answer the following statement true (T) or false (F)
True
Total Asset Turnover = Net Sales/Average Total Assets Total Asset Turnover = $2,523/$1,476 = 1.71
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What does the IRS’s Whistleblower Reward Program have in common with the False Claims Act?
a. Both encourage whistleblowers to file suit against individuals as well as companies. b. Both provide financial incentives to whistleblower citizens in the form of a percentage of money recovered. c. Both provide financial incentives to whistleblower citizens in the form of standardized monetary rewards. d. Both provide total anonymity for the whistleblower.
Only the test marketing phase of product planning provides actual sales results to judge the product's customer appeal.
Answer the following statement true (T) or false (F)
Mark is out sailing in his boat one evening when he hears a young girl crying for help in the lake. Which of the following is true?
A) Mark MUST help the girl or he will be liable for negligence. B) Mark must help the girl ONLY if he knows her. C) Mark MUST help the girl if he is the girl's uncle. D) Mark MUST help the girl if he begins to rescue her and moves her to a position farther from the shore.
If an adult purchases personal property from a minor, the minor has only a voidable title to the property
Indicate whether the statement is true or false