Two frequently cited ratios of profitability that can be read directly from the common-size income statement are ________.
A) the earnings per share and the return on total assets
B) the gross profit margin and the earnings per share
C) the gross profit margin and the return on total assets
D) the gross profit margin and the net profit margin
D) the gross profit margin and the net profit margin
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In an insurance contract, the payment of consideration is called a(n) ________.
A. valued policy B. issue C. premium D. negotiable instrument
The management of Pamela's Pet Supplies has calculated the following variances:
When determining the total product cost flexible budget variance, what is the fixed overhead variance of the company?
A) $3500 F
B) $13,500 U
C) $11,000 U
D) $12,000 F
Tthe Damler Co produces a special product. The budgeted indirect costs of the painting activity is $80,000 . The budget number of units to be painted is 40,000 . What is the budgeted indirect cost allocation rate for this product?
a. $.65 b. $1.25 c. $.50 d. $2.00 e. $2.56
Destiny and Enzo engage in a business transaction for the creation and baking of a cake and other pastries and desserts for Destiny's wedding dinner and reception. When a dispute arises,Destiny initiates a lawsuit against Enzo by filing a complaint. If Enzo files a motion to dismiss,he is asserting that
a. Destiny did not state a claim for which relief can be granted. b. Destiny's statement of the facts is not true. c. Destiny's statement of the law is not true. d. Enzo suffered greater harm than Destiny.