The seller's cost of running another ad in order to sell the car that a buyer breached a contract on is an example of consequential damages
Indicate whether the statement is true or false
False
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The contribution margin income statement is structured in such a way as to emphasize:
A) cost functionality. B) cost behavior. C) organizational efficiency. D) cost drivers.
The theory of business social responsibility that holds that a business has a duty to generally do
good for society is: A) The moral minimum theory. B) The maximizing profits theory. C) The stakeholder interest theory. D) The corporate citizenship theory.
The gross margin ratio:
A. Should be greater than 1 for merchandising companies. B. Is a measure of liquidity and should exceed 2.0 to be acceptable. C. Indicates the percent of sales revenue remaining after covering the cost of the goods sold. D. Is also called the profit margin. E. Is also called the net profit ratio.
Every switch structure must have ________ labels which are separated by the keyword break
a) default b) if/else c) case d) choice