The following data pertain to Turk Company's operations last year: Sales$900,000Net operating income$36,000Contribution margin$150,000Average operating assets$180,000Stockholders' equity$100,000Plant, property, & equipment$120,000?If the residual income for the year was $9,000, the minimum required rate of return must have been:
A. 36%
B. 15%
C. 20%
D. 4%
Answer: B
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_____ allow Internet access to anyone within range who uses a wireless-equipped device, provided logging in is not limited by controlled access codes.
A. Hotspots B. VANs C. Intranets D. VPNs
Which statement from the salesperson best represents the Direct close?
A. "The next step in the process would be sign the agreement and begin the implementation process. Shall we move forward at this time?" B. "You would require 500 cases this month. I will send them on Friday." C. "Do you want me to have the router delivered on Friday or Monday?" D. "You are going to buy, so let's settle the details on what you will purchase." E. "Since the cost of this line of plastic utensils will increase next week, can I place your order for the product today?"
A company's profit is equal to its ________ minus its ________
A) markup; total costs B) revenue; total costs C) markup; fixed costs D) revenue; variable costs E) profit margin; variable costs
Identify the ethical dangers posed by the Pygmalion Effect.
What will be an ideal response?