Return on assets is a better measure of profitability than profit margin because it takes into account the assets invested in the business
Indicate whether the statement is true or false
True
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Accounts Receivable and Accounts Payable are used when there is a time delay between a transaction and its related cash flow
Indicate whether the statement is true or false
After a certain point, no further learning occurs, and each subsequent repetition or unit produced take the same amount of time, and the system has reached a steady state. This is illustrated by the ______ of the learning curve.
a. steep increase b. steep decrease c. flattening d. smoothing
A business plan is the key to raising capital.
Answer the following statement true (T) or false (F)
An employee has a "shop right" to use an employer's invention without consideration if the invention was made during working hours with the employer's material and equipment
Indicate whether the statement is true or false