Which defining word or phrase below BEST captures the meaning of capital items?
A) Bulk loads
B) Directly used in the production process
C) To the consumer within a year
D) Longer lasting
E) Governmental purchase
Answer: D
Explanation: D) Capital items are permanent goods or services and they have expected lives of more than a year and typically several years.
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Flagship Logistics provides the following information:
What is the company's asset turnover ratio? (Round your answer to two decimal places.)
A) 4.29
B) 4.82
C) 12.90
D) 7.69
Quick response to crises is important, but the ability to think strategically and to plan are just as important in the practice of public relations
Indicate whether the statement is true or false
In the context of styles of listening, listening for pleasure, recreation, amusement, and relaxation is intensive listening.
Answer the following statement true (T) or false (F)
Wellston Company's net income last year was $300,000. The company has 100,000 shares of common stock and 30,000 shares of preferred stock outstanding. There was no change in the number of common or preferred shares outstanding during the year. The company declared and paid dividends last year of $1.90 per share on the common stock and $1.70 per share on the preferred stock. The earnings per share
of common stock is closest to: A) $3.51 B) $1.10 C) $2.49 D) $3.00