The rate of return on total assets measures a company's ________.
A) ability to meet its short-term obligations
B) ability to repay its long-term debt
C) success in using assets to earn income
D) success in earning high returns on investments in stocks and bonds of other companies
C) success in using assets to earn income
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Which of the following is described as a system where customers send their checks directly to a post office box that belongs to a bank?
A) an encryption system B) an imprest system C) a lock-box system D) a firewall system
Wholesalers provide goods and services to other businesses as well as to consumers.
Answer the following statement true (T) or false (F)
If a manufacturer produces a defective product, sells it to a wholesaler, who sells it to a retailer,
who sells it to a consumer who is injured, which parties in the chain of distribution are potentially liable under strict liability? A) Only the retailer B) Only the party at fault C) Only the manufacturer and wholesaler D) Only the manufacturer E) The manufacturer, wholesaler, and retailer
A good presentation is a cross between a ______________ (factual) and a _______________ (taps emotions).
a. power point and lecture b. report and story c. sales pitch and sermon d. report and comedy sketch