In order to evaluate a company's gross profit ratio,
a. the ratio should be compared with forecasted financial statements.
b. the ratio should be compared with those of prior years.
c. the ratio should be compared with other companies in the same industry.
d. the ratio should be compared with those of both prior years and competitors.
d
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The Vitamin Shoppe sells natural vitamins and supplements. Product prices are adjusted frequently to meet the needs of individual customers. For example, long-time customers receive discounts. This strategy is most likely an example of ________ pricing.
A) zone B) competition-based C) dynamic D) basing-point E) penetration
While many employers usually choose to give reason for any employment termination, Pete was fired without any given reason. This is an example of ______.
A. employment at will B. just cause doctrine C. discrimination D. marketable opportunity
Which of the following accounts increases with a credit?
A) Cash B) Common Stock C) Accounts Receivable D) Prepaid Expense
Reliance interest is designed to return to the injured party a benefit he has conferred on the other party.?
Indicate whether the statement is true or false