Issuing common stock will decrease a company's financial leverage.

Answer the following statement true (T) or false (F)


True

Business

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Gross profit ratio equals gross profit divided by net income

Indicate whether the statement is true or false

Business

Jarrod Automotive, owned and operated by Jarrod Johnson, began business in September of the current year. Jarrod, a mechanic, had no experience with recording business transactions. As a result, Jarrod entered all of September's transactions directly into the ledger accounts. When he tried to locate a particular entry he found it confusing and time consuming. He has hired you to improve his accounting procedures. The accounts in his General Ledger follow: 

What will be an ideal response?

Business

Writing that is not well organized or that is confusing will undermine your credibility as a professional

Indicate whether the statement is true or false.

Business

Differences in education level, experience, and culture or distractions such as noise, uncomfortable room temperature, and interruptions are examples of

a. feedback. b. interference. c. interception. d. decoding.

Business