Gross margin is the difference between net sales and

A) net income.
B) cost of goods sold plus operating expenses.
C) operating expenses.
D) cost of goods sold.


D

Business

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At times, Hermione is not happy with the ways in which she and Harry converse. She has decided to talk to Harry about how they talk to one another. Hermione’s intent is an example of ______.

Fill in the blank(s) with the appropriate word(s).

Business

The formula to calculate a present value of a deferred annuity is: PVdeferred = C × (Converted Factor for Present Value of Deferred Annuity of 1)

Indicate whether the statement is true or false

Business

Which of the following actions is NOT an example of a buying signal?

A. The prospect asks the salesperson, "Do you have Model 125CV in stock?" B. The prospect asks the salesperson, "Do you carry this style in other colors?" C. The prospect asks the salesperson, "Can you call next week?" D. The prospect asks his wife, "What do you think about the price?" E. The prospect asks the salesperson, "What are your service policies?"

Business

ABC Company issued additional shares of stock for cash. The effect of the transaction is

A) the earnings per share increased. B) the debt-to-equity ratio increased. C) the current ratio was increased. D) the return on total assets increased.

Business