Which of the following groups are considered to be internal users of accounting information?
A) Employees and customers
B) Customers and vendors
C) Employees and managers
D) Government and banks
C
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Dual adaptation is essentially a combination of the product extension/communication adaptation and product adaptation/communication extension approaches
Indicate whether the statement is true or false
The assets of a company total $716,000; the liabilities, $208,000. What is the amount of equity?
A. $924,000. B. $508,000. C. $208,000. D. $716,000. E. It is impossible to determine unless the amount of the stock issuances is known.
A company had average total assets of $970,000. Its gross sales were $1,114,000 and its net sales were $925,000. The company's total asset turnover equals:
A. 1.05. B. 0.87. C. 0.95. D. 1.20. E. 1.10.
Industry conditions change because of
A. newly emerging industry key success factors. B. such powerful driving forces as swings in buyer demand, changing interest rates, ups and downs in the economy, and higher/lower entry barriers. C. changes in the barriers to entry and the degree of competition from substitute products. D. newly emerging industry threats and industry opportunities that alter the composition of the industry's strategic groups. E. important forces enticing or pressuring certain industry participants (competitors, customers, suppliers) to alter their actions in important ways.