Keltica, a country in Asia, enjoyed a period of great economic boom in the 1980s. The country had robust economic growth, high employment, and abundant business investments during this period. In the context of the business cycle, the economy of Keltica was in _____ during the 1980s.
A. a depression
B. the contraction phase
C. a recession
D. the expansion phase
Answer: D
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In case of deferred revenue liabilities, revenues should almost always be recorded as earned when:
a. the company receives an order for delivery of the product or the performance of a service. b. the company is reasonably sure that the product can be developed and delivered. c. the service is performed or the product is shipped. d. the company receives cash for the service to be performed or the product to be delivered.
Free cash flow is cash from operations, less cash for
A) dividends and cash for fixed assets needed to maintain productivity B) dividends and cash to redeem bonds payable C) fixed assets needed to maintain productivity D) dividends, cash for fixed assets needed to maintain productivity, and cash to redeem bonds payable
Which of the following measures the percentage of sales revenue a firm can retain after all expenses are deducted from gross revenues?
A. gross profit B. net margin C. operating margin D. working capital
To evaluate training, you must systematically document the outcomes of the training in terms of how trainees actually behave back on their jobs and the relevance of that behavior to the objectives of the organization.
Answer the following statement true (T) or false (F)