A disaster recovery plan is a comprehensive statement of all actions to be taken after a disaster

Indicate whether the statement is true or false


T

Business

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Answer the following statements true (T) or false (F)

1. In a vertical analysis of the balance sheet, each line item is shown as a percentage of stockholders' equity. 2. Vertical analysis involves comparing an amount for a line item in the financial statements with a corresponding amount for the line item of the previous year. 3. In a vertical analysis of the income statement, each line item is shown as a percentage of net income. 4. Martin Company's cost of goods sold is 40% of net sales revenue. This means that for every $1 of net sales revenue, Martin has $0.60 of gross profit. 5. In 2018, Spirit Company's net income was 10% of net sales revenue. In 2019, the net income was 5% of net sales revenue. There is no need for investors to be alarmed because a drop from 10% to 5% is not significant.

Business

Public figures generally have access to the media and, therefore, need less protection than an ordinary private citizen

Indicate whether the statement is true or false

Business

Which of the following best illustrates the European or military style date line?

A. Dec. 10th 2010 B. December 10, 2010 C. 10 December 2010 D. 2010, Dec. 10th

Business

___________ are acquired talents that a person develops related to specific tasks.

a. Skills b. Abilities c. Personality d. Values

Business