A company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. Its return on total assets equals:
A. 3.01%.
B. 32.00%.
C. 300.75%.
D. 10.64%.
E. 33.25%.
Answer: E
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Which of the following is a similarity between SPIN and ADAPT questioning systems?
A. Both require salespeople to dominate conversations and interactions with customers. B. Both use a logical sequencing that begins with broad-based, nonthreatening, general questions. C. Both are best used with transaction-focused traditional selling. D. Both emphasize understanding customers' problems but do not propose solutions for those problems. E. Both limit customers' responses to one or two words.
While inspecting documents, the reliability depends on the nature and source of the documentation
a. True b. False Indicate whether the statement is true or false
Refer to the following list of liability balances at December 31, 2019.
What is the total amount of long-term liabilities?
A) $55,000
B) $109,000
C) $94,000
D) $40,000
A business that strives for a low-cost advantage must attain a(n) ________ cost advantage over rivals.
A. absolute B. relative C. evolutionary D. potential