Healthcare Options markets health-care aids such as walkers, crutches, and portable oxygen tanks. It is located in a large city with branches in neighboring suburbs. It needed to determine if one of its stores was profitable or if it should close it. What is the formula for determining profitability?
What will be an ideal response?
Segment profitability = (Segment size × Segment adoption percentage × Purchase behavior × Profit margin percentage) - Fixed costs
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Gross profit less operating expenses produces the income from operations
a. True b. False Indicate whether the statement is true or false
A survey is ________ if it produces identical results when repeated under similar conditions
A) valid B) objective C) representative D) bias-free E) reliable
Two samples that are not experimentally related are called dependent samples
Indicate whether the statement is true or false
B & L Company has a credit balance of $44,000 in its Allowance to Adjust Long-Term Investments to Market account at the end of 20xx, before adjustment. Its investment portfolio has a total cost of $300,000 and a market value of $264,000 at December 31, 20xx, a balance sheet date. The year-end adjustment entry that would be recorded in the books of B&L Company is:
a. Long-Term Investments 8,000 Realized Gain on Long-Term Investments 8,000 b. Allowance to Adjust Long-Term Investments to Market 8,000 Unrealized Loss on Long-Term Investments 8,000 c. Unrealized Loss on Long-Term Investments 8,000 Allowance to Adjust Long-Term Investments to Market 8,000 d. Long-Term Investments 8,000 Allowance to Adjust Long-Term Investments to Market 8,000