Match the following:
A. Net income divided by average total assets; measures the amount of net income generated for each dollar invested in assets.
B. Net income divided by net sales; indicates the earnings per dollar of sales.
C. Compares a company's share price with its earnings per share.
D. Gross profit divided by net sales; measures the amount by which the sale price of inventory exceeds its cost per dollar of sales.
E. Net income divided by average stockholders' equity; measures the income generated per dollar of equity.
F. Net sales divided by average total assets; which measures the sales per dollar of assets invested.
A. Return on assets
B. Profit margin
C. Price-earnings (PE) ratio
D. Gross profit ratio
E. Return on equity
F. Asset turnover
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Answer the following statements true (T) or false (F)
SFAC No. 1 maintains that financial statements should be geared toward specific needs of particular user groups.
Which sentence is correctly punctuated?
A) In short employees will need to select the health insurance option that best meets their needs. B) In short, employees will need to select the health insurance option that best meets their needs. C) In short, employees, will need to select the health insurance option that best meets their needs.
When you have a conversation with someone from another culture, you can reduce misunderstandings if you A) speak in short sentences
B) accept a yes or a nod to affirm comprehension. C) wait until you finish a long explanation to request feedback. D) use lots of slang to demonstrate your knowledge of your culture's language.
Alicia, talking on her cell phone, foolishly runs off the road and over Eduardo's foot. The tort that Eduardo will most likely initiate is:
a. battery b. assault c. negligence d. emotional distress e. none, since Alicia's action was innocent