A company's net sales were $727,700, its cost of goods sold was $244,510 and its net income was $62,450. Its gross margin ratio equals:
A. 66.4%.
B. 33.6%.
C. 25.5%.
D. 297.6%.
E. 8.6%.
Answer: A
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All of the following statements are true EXCEPT
A. high agreeableness underlies harmony. B. high conscientiousness underlies deliberation. C. high extroversion underlies communication. D. high neuroticism underlies stability. E. high openness to experience underlies creativity.
Dichotomous questions allow the respondent to express their attitudes or opinions without the bias associated with restricting responses to predefined alternatives
Indicate whether the statement is true or false
____________ deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities.
Fill in the blank(s) with the appropriate word(s).
In Black Beauty Coal Co v. Federal Mine Safety and Health Review Commission, where a coal mine inspector believed a situation created a fire hazard for which he issued a "high negligence" citation that the company contested. The appeals court held that::
a. the mine inspector had no basis for the citation; it appeared to be personal opinion, so the citation was stricken b. the mine inspector showed bias and hostility toward the mine operator that required the citation to be stricken c. the evidence was "beyond a reasonable doubt" so the citation was upheld d. the inspector has "nearly unlimited" authority to issue citations so the courts rarely can overturn a citation e. none of the other choices