The return on sales ratio indicates the amount of each sales dollar that is left over after covering the cost of goods sold.

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


False

That is a description of gross margin percentage.

Business

You might also like to view...

Where would you tell someone to find the information needed to compute the cash flow adequacy ratio?

a. the balance sheet only b. the statement of cash flows and the notes to the statements c. the statement of cash flows only d. the income statement only

Business

Currently the cost structure is such that the company cannot achieve its profit objective and must cut costs. If variable costs cannot be reduced, how much reduction in fixed costs will be needed to achieve the desired target? Show all computations.

Dynamo Company is a price-taker. The company produces generators in a highly competitive market; thus, it uses target pricing. The current market price is $600 per unit. The company has $18,500,000 in average assets, and the desired profit is a return of 8% on assets. Assume all products produced are sold. The company provides the following information:


Business

______ is established at three key points in research: the conceptualization of the theoretical constructs, the study design, and the data analysis.

A. Cross-cultural equivalence B. Nonequivalence C. Method equivalence D. Quantitative method

Business

What does one call the work of monitoring a process?

a. Checks and balances b. Quality control c. Process control d. Process measurement

Business