You want to know whether selling and administrative expenses were reasonable for the past year, based on the level of sales. The best analysis for obtaining this information is:
a. trend analysis
b. vertical analysis
c. horizontal analysis
d. liquidity analysis
b
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The moral theory of ethical relativism can best be characterized by:
A) Determining which course of action produces the greatest amount of good for the greatest number of people. B) A set of universal rules based on reasoning which must be applied in all situations and is characterized by reversibility. C) The belief that the moral rules should be determined by persons who have a "veil of ignorance" about their place or station in society. D) The belief that a person must decide what course of action is proper based on that person's own set of beliefs or feelings. E) The consultation of an outside source, such as a book or person, for guidance.
Dwight Stringer signed three promissory notes as an agent for his company. The first, he signed "Dwight Stringer, agent for Park Systems, Inc". The second, he signed "Dwight Stringer, Agent.". The third note was signed merely "Park Systems, Inc". Discuss the liability of Dwight and Park Systems, Inc on each of the notes
On a contract for necessaries, a minor does not have to pay for the value of the benefit
Indicate whether the statement is true or false
E-commerce and e-business systems blur together at the business firm boundary, at the point at which internal business systems link up with suppliers or customers
Indicate whether the statement is true or false