A loss in value of money is called inflation
Indicate whether the statement is true or false
T
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Relationship retailing focuses on keeping existing customers, as well as attracting new ones
Indicate whether the statement is true or false
A firm has a profit margin of 15 percent on sales of $20,000,000. If the firm has a debt of $7,500,000, total assets of $22,500,000, and an interest cost on a total debt of 5 percent, what is the firm's return on total assets (ROA)? (Round answer to two decimal places.)
A. 8.47% B. 10.94% C. 12.02% D. 13.33% E. 15.18%
The Lanham Act spells out the exact method for protecting registered trademarks, but it does not force firms to register their trademarks.
Answer the following statement true (T) or false (F)
What is N in the dataset above?
a. 2
b. 5
c. 10
d. Cannot be determined from the dataset provided.