Refer to Table 4-2. The Fixed Asset Turnover ratio for 2008 was approximately

A) 2.29. B) 2.37. C) 1.52. D) 2.22.


A

Business

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The following data have been taken from your company's financial records for the current year: Earnings per share $8 Market price per share $60 Dividend per share $6 Book value per share $75 The price-earnings ratio is:

A) 7.5 to 1 B) 10.0 to 1 C) 9.4 to 1 D) 13.3 to 1

Business

A customer's promise to pay in the future for services or goods sold is called a(n) ________

A) Accounts Receivable B) Accounts Payable C) Unearned Revenue D) Notes Payable

Business

Career plan milestones should occur every ____ years.

A. 1, 3, and 5 B. 2, 4, and 6 C. 5, 10, and 15 D. 5, 10, and 20

Business

SuperMeds Corporation develops a new drug that controls severe acne. The drug is not approved by the government for sale in the United States because one of its ingredients is a banned chemical. This chemical is not banned in Mexico. Whether it is ethical for SuperMeds to sell the drug in Mexico depends on A) theeffect of any "bad" publicity from the sale

B) the number of potential customers. C) which legal standards are applied. D) which ethical standards are applied.

Business