Information from a manufacturing company's current year income statement follows. Calculate the company's (a) profit margin ratio, (b) gross margin ratio, and (c) times interest earned.


Business

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Flexible budgets are also called static budgets

Indicate whether the statement is true or false

Business

Reports typically travel upward in an organization because they usually are requested by a higher authority

Indicate whether the statement is true or false

Business

Fresh Dairy, Inc, is the offeror and Gelato Ice Cream Company is the offeree under a unilateral sales contract in which Hector's Helado Corporation is also interested. Gelato is not notified of Fresh Dairy's performance within a reasonable time. Gelato

a. may treat the offer as having lapsed. b. must assume that Fresh Dairy has started to perform. c. must contact Fresh Dairy. d. must notify Hector's.

Business

Examples of mores are

A. social conventions that dictate the usage of different types of cutlery. B. societal taboos which censure murder, theft, and incest. C. superstitions held important by different members of a society. D. customs that govern social interaction between neighbors. E. traditions that prescribe gender-appropriate clothing in social gatherings.

Business