Which of the following are considered the backbone of capitalism and allow investors, lenders, and regulators to measure the performance of a business?
a. Government policies
b. Financial statements
c. Stock prices
d. Credit reports
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
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When testing for the differences between two percentages, the formula subtracts the differences between the two percentages and divides this difference by the standard error of the difference between two:
A) groups B) averages C) differences D) percentages E) people
Chou Co. has a net income of $43,000, assets at the beginning of the year are $250,000 and assets at the end of the year are $300,000. Compute its return on assets.
A. 8.4%. B. 15.6%. C. 17.2%. D. 1.5%. E. 14.3%.
Generic products are popular in the U.S. and other developed nations, but not in less-developed nations.
Answer the following statement true (T) or false (F)
Pursuant to the CARD Act of 2009, all credit card companies must have bills in consumers' hands not less than __________ before the bill is due
A)seven (7 ) days? B) fourteen (14 ) days C) twenty-one (21 ) days D) thirty (30 ) days