An acceptance sent by means not expressly or impliedly authorized is not effective until it is received.?
Indicate whether the statement is true or false
True
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Which of the following is used to measure leverage?
a. ratio of liabilities to stockholders' equity; b. current ratio; c. quick ratio; d. merchandise inventory turnover; e. accounts receivable turnover
A division of Shamrock Corporation reported a return on investment of 20% for a recent period. If the division's asset turnover was 5, its profit margin must have been
a. 100% b. 4% c. 25% d. 2%
Effective strategies for structuring bad-news messages
a. follow the deductive sequence. b. vary dramatically from one company to another. c. can generally be applied to cultures around the world. d. are generally consistent among North American audiences.
The values the decision-maker places on each combination of actual decisions and states of nature are referred to as ______.
a. consequences b. states of nature c. payoffs d. decision alternatives