Which of the following ratios is better when it is a lower number?

A. Debt to assets ratio
B. Gross margin ratio
C. Asset turnover ratio
D. Current ratio


Answer: A

Business

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Purchases of store equipment on account are recorded in the general journal

Indicate whether the statement is true or false

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The notification accompanying a check that indicates the specific invoice being paid is called a

A) remittance advice B) voucher C) debit memo D) credit memo

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When a customer purchases a smartphone at Best Buy, all of the following information flows in the supply chain are started except

A. the point-of-sale terminal records the sale and sends it to Best Buy's buyer. B. the sales associate scans the UPC recording the sale. C. the sale is transmitted to Best Buy's distribution center to adjust inventory data. D. the purchase is added to the customer's purchasing habit records. E. Best Buy's buyer aggregates sales at all stores and uses the information to send a reorder to the manufacturer.

Business

Paxton uses social media to post links that, when clicked, secretly install software on hundreds of others' personal computers without their owners' knowledge Paxton's software is harmful to the computers on which he installed it. This program is A) malware

B) badware. C) harmware. D) infectware.

Business