Dividing the net income for the year by the average assets for the year is the calculation for the
a. return on assets.
b. earnings per share.
c. book value per share.
d. quick or acid-test ratio.
a
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Newt, a gun dealer, offers to sell a rare civil war musket to Rush, another dealer, for "$15,000, insurance and shipping paid by buyer." Rush responds, "I accept. Insurance and shipping costs divided equally between seller and buyer." The parties
a. do not have a contract since the acceptance violated the mirror image rule. b. do not have a contract since Rush's response was a counteroffer. c. have a contact and, in the majority of states, the terms of the offeree control. d. have a contract and, in the majority of states, the different terms will cancel each other out.
The damage caused by an indirect loss can be greater in amount than the damage caused by direct loss in the same occurrence
Indicate whether the statement is true or false
Market tracking is the observation and analysis of trends in industry volume and brand share over time.
Answer the following statement true (T) or false (F)
A regression line using 25 observations produced SSR = 118.68 and SSE = 56.32 . The standard error of estimate was:
a. 2.11 b. 1.56 c. 2.44 d. None of these choices.