By 2016, it is estimated that the richest 1% of the world’s population will own more wealth than approximately ________ of the population.
a. 25%
b. 50%
c. 75%
d. 99%
Ans: D
You might also like to view...
Which of the following correctly states the normal order of the wholesale transaction process?
a. Purchase order ? Credit approval ? Sales invoice; b. Credit approval ? Purchase order ? Sales invoice; c. Purchase order ? Sales invoice ? Credit approval; d. Credit approval ? Sales invoice ? Purchase order; e. Sales invoice ? Purchase order ? Credit approval.
Falcon Enterprises expects the following unit sales over the next five months:MonthUnit SalesApril400,000May480,000June540,000July600,000August560,000Falcon's goal is to maintain an inventory equal to 20% of next month's sales requirements. March 31 inventory is projected to be 70,000 units.Required:Prepare a purchases budget (in units) for Falcon for as many months as is possible based on data provided. Assume a 30-day month.
What will be an ideal response?
A limitation is that online surveys conducted through social media platforms do not encourage committed and credible feedback
Indicate whether the statement is true or false
A company has net income of $130,500. Its net sales were $1,740,000 and its average total assets were $2,750,000. Its profit margin equals 7.5%.
Answer the following statement true (T) or false (F)