Which of the following is the most important source of revenue for newspapers and magazines?
A. donations
B. sales
C. subscriptions
D. editorials
E. advertising
Answer: E
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Describe several activities encompassed by the distribution variable.
What will be an ideal response?
For a statement of changes in net worth, which of the following would be an unrealized decrease in net worth?
a. Decrease in value of furnishings b. Salary c. Income taxes d. Increase in value of land e. Interest income
What is the correct value for the after-tax salvage cash flow in B4?
a) -2,800
b) 47,800
c) 27,000
d) 42,200
e) 45,000
Selzer Inc. sells all of its merchandise on credit. It has a profit margin of 4 percent, days sales outstanding equal to 60 days, receivables of $150,000, total assets of $3 million, and a debt ratio of 0.64. The firm's return on equity (ROE) is:
A. ?7.1%. B. ?33.3%. C. ?3.3%. D. ?71.0%. E. ?8.1%.