Which of the following is the correct formula for the profit margin ratio?
A) Net profit / Sales
B) Net sales / Average total assets
C) Net profit × Capital invested
D) Operating income / Net sales
D) Operating income / Net sales
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Which of the following is true of a patent application?
A. A patent application can be moved to the top of the list of other patents for review by the U.S. Patent and Trademark Office if the inventor pays $25,000. B. The U.S. Patent and Trademark Office must make a decision whether to grant a patent within a year from the date of filing a patent application. C. An inventor may file a provisional application with the U.S. Patent and Trademark Office and get a maximum of five days to prepare and file a final and complete patent application. D. The U.S. Patent and Trademark Office can grant priority to patent applications for products that are important to the national economy.
A school is trying to determine a nutritional diet to feed its students. The school would like to offer some combination of milk and beans. The school’s objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements are shown here.
At the optimum solution, what is the cost of tofu in the diet?
a. $0.95
b. $1.22
c. $2.65
d. $1.50
Any irregularity on the face of an instrument that calls into question its validity will bar HDC status
Indicate whether the statement is true or false
Like other corporations, Supra Market Corporation can extend its operations through A) a merger
B) a dissolution. C) a termination. D) a winding up.