A company has the following information on their income statement and balance sheet: Total

Sales $345,678; Returns and Allowances $15,500; Cost of Goods Sold $175,000; Total Assets
$500,000; Current Assets $25,000.

What is their Fixed Asset Turnover ratio?
A) 0.660 B) 0.695 C) 0.728 D) 0.368 E) 0.691


B

Business

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Once a customer transaction is completed, there is never any further follow-up required.

Answer the following statement true (T) or false (F)

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________ is an affirmative defense claiming that the idea for the crime did not originate with the defendant but was put into the defendant's mind by a police officer or other government official

A) Duress B) Insanity C) Entrapment D) Mistake-of-fact

Business

Explain what a "right-to-work" law is and discuss how it is harmful to unions.

What will be an ideal response?

Business

An unconscionable contract is one that a court refuses to enforce because of

A. fundamental unfairness. B. illegality. C. its limit to free trade. D. overt vagueness.

Business