Net income divided by net sales is the:
A. Profit margin.
B. Total asset turnover.
C. Days' sales in inventory.
D. Return on total assets.
E. Current ratio.
Answer: A
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In 2015, the Rachel Company initiated a defined benefit pension plan. It recorded $240,000 as pension expense and paid $280,000 to a funding agency. As a result, Rachel will report
A) pension assets of $280,000 and pension liabilities of $240,000. B) an accrued liability of $50,000. C) service cost of $280,000 and unfunded prior service cost of $40,000. D) prepaid pension cost of $40,000.
It is more useful to synthesize information when you work through the research process than it is to organize research based on information
Indicate whether the statement is true or false.
What is Job design?
What will be an ideal response?
Employees who do not have the protection of the NLRA:
A. Are prohibited by law from joining a union. B. May strike or picket but could be terminated for doing so. C. Are prohibited by law from any collective action including strikes and pickets. D. Are allowed to join a union but cannot strike.