Which of the following financial ratios is the best measure of the operating effectiveness of a firm's
management?
A) times interest earned B) operating efficiency quotient
C) net profit margin D) operating return on assets
D
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Uber's rapid growth is an example that the ________ is gaining traction
A) digital technology B) collaborative consumption C) ride sharing D) transport convenience E) tourism
The direct labor budget is needed to prepare the production budget
Indicate whether the statement is true or false
One reason Becky has never liked science class is that she doesn’t like to do labs. She always messes up the experiments and never gets the right results. She wishes that, instead of doing the lab herself, she could just go to the Wikipedia page about the experiment and learn what happened when actual scientists did it with actual skill and proper equipment. Based on this information, which learning style does Becky most likely favor? Which learning style does she actively disfavor?
What will be an ideal response?
On January 1, 2018, Busy Beaver, Inc. signed a $315,000, 5 year note payable to buy a new industrial veneer cutter. Busy Beaver plans to use the machine for 10 years and then sell it for its scrap value of $5,000. Using straight-line depreciation, depreciation expense for the year ended December 31, 2018 equals:
A. $31,000. B. $31,500. C. $283,500. D. $284,000.