Which of the following measures the percentage of sales revenue a firm is able to retain after all expenses are deducted from gross revenues?
A) gross profit
B) net margin
C) operating margin
D) working capital
B
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Companies stretch downward to add prestige to their current products
Indicate whether the statement is true or false
In the normal operation of business you receive a check from a customer and deposit it into your checking account. With your bank statement you are advised that this check for $425 is "NSF". The bank also informs you that due to the amount of activity on your business account the monthly service charge is $45. During a bank reconciliation:
A) subtract both values from balance according to bank. B) add both values from balance according to books. C) add both values from balance according to bank. D) subtract both values from balance according to books.
The final stage of the new-product development process is the ________ ________.
Fill in the blank(s) with the appropriate word(s).
Odiferous Waste Company is a subsidiary of Precarious Investments, Inc. Odiferous operates a hazardous waste disposal site. QuikChem Corporation is one of many parties who generate waste disposed of at the site. Odiferous borrows money from Regal Bank, which takes over the site when Odiferous goes bankrupt. The Environmental Protection Agency discovers a leak at the site. Can any of these private parties be forced to pay for the clean up? If so, who?
What will be an ideal response?