In computing the net profit margin:
a. All of the answers are correct.
b. nonrecurring items should not be included in the numerator.
c. noncontrolling interest should not be included in the numerator.
d. a net other income distorts the net profit margin.
a
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Remaz Corp purchased equipment at a cost of $220,000 in January, 2015 . As of January 1, 2016, depreciation of $160,000 had been recorded on this asset. Depreciation expense for 2014 is $50,000 . After the adjustments are recorded and posted at December 31, 2016, what are the balances for the Equipment and Accumulated Depreciation? Equipment Accumulated Depreciation
a. $220,000 $210,000 b. $220,000 $ 0 c. $160,000 $ 50,000 d. $120,000 $210,000
Suppose you take out a loan for $5,000, at 6% ordinary interest. If the amount of interest is $91.67, what is the time period? (Round to next higher day)
A. 111 days B. 125 days C. 112 days D. 137 days
A study by Audia, Locke, and Smith (2000) found what the authors call a “paradox of success.” What is the paradox?
A. The less successful an organization, the more it monitors the environment. B. Organizations that monitor the environment most are the least successful. C. Greater past success leads to greater strategic persistence following a radical environmental change. D. Greater past success leads to greater monitoring of the environment.
Every time you meet another person, whether a visitor or coworker, you are influencing that person's image of your company, department, or office
Indicate whether the statement is true or false.