Which of the following statements regarding net margin is not true?
A. The smaller the net margin the better.
B. The amount of net margin is affected by a company's choices of accounting principles.
C. Net margin may be calculated in several ways.
D. Net margin refers to the percentage of each sales dollar remaining after all expenses are subtracted.
Answer: A
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A) off-price B) specialty C) discount D) department E) catalog
The auditor's report specifically covers the statements and disclosures made by management in the "Management Discussion and Analysis" (MD&A) section of the annual report
a. True b. False Indicate whether the statement is true or false
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A. Antitrust policy B. Anti-nepotism policy C. Conflict-of-interest policy D. Affirmative action policy
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A. It offers an "escape route" for risky ventures. B. It suggests that BOP strategies are destined for failure and therefore a success is a real "win." C. It suggests that a lot can be learned from failures, lessons that sow the seed of success for the next venture. D. It means the faster you fail, the more the investors will get back out of the venture. E. It suggests that if you think you might fail, get out early and recover your losses.