Profit margin is defined as:
A. Net sales divided by assets.
B. Net income divided by assets.
C. Revenues divided by net sales.
D. Net income divided by net sales.
E. Net sales divided by net income.
Answer: D
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Which of the following ratios is the best measure of liquidity?
A) Return on assets ratio. B) Ratio of cash flow from operations to capital expenditures. C) Current ratio. D) Earnings per share.
Hayden has a plan to launch what he believes is an exciting new product line, but he knows that if he is going to get his boss's support, he needs to appeal to facts rather than emotion. Therefore he puts together a detailed proposal showing sales, marketing research, cost-benefit analyses of potential product launch strategies, and other support data. Hayden is using an influence tactic known as
A. inspirational appeal. B. legitimate power. C. consultation. D. collaboration. E. rational persuasion.
Dotted decimal notation is used by ________
A) networks B) computers C) both A and B D) neither A nor B
Which of the following are issues when dealing with the financial statements of international firms?
I) Many countries allow firms to set aside larger contingency reserves than the amounts allowed for U.S. firms. II) Many firms outside the U.S. use accelerated depreciation methods for reporting purposes, whereas most U.S. firms use straight-line depreciation for reporting purposes. III) Intangibles, such as goodwill, may be amortized over different periods or may be expensed rather than capitalized. IV) There is no way to reconcile the financial statements of non-U.S. firms to GAAP. A. I and II B. II and IV C. I, II, and III D. I, III, and IV E. I, II, III, and IV