When operating income is divided by sales to produce a measure of profitability, this is referred to as:
a. horizontal analysis.
b. ratio analysis.
c. percentage analysis.
d. Both a and b answers are correct.
e. Both b and c answers are correct.
e
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It is very important that the inventory method used matches the physical flow of goods
Indicate whether the statement is true or false
The present value of $40,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar)
A) $37,736 B) $42,400 C) $40,000 D) $2,400
Unlike a routine claim letter, a persuasive claim letter
A) mentions how the reader will benefit from doing what the writer asks. B) uses emotional or exaggerated language for emphasis. C) states the request immediately. D) uses clear explanations and an appropriate tone.
Triblaze Corp. is considering buying a new truck. The cost of the truck is $62,000 (the only initial investment outlay), and the cash savings the new truck is expected to generate during its life are $19,920, $22,800, and $31,280, respectively. Trailblaze's required rate of return is 10 percent. The net present value (NPV) of the truck is _____.
A. -$2,058.80 B. $12,000.00 C. $122,453.19 D. -$1,546.81 E. $2,543.67