________ is concerned with the restarting of the day-to-day revenue generating operations of the firm
A) Business continuity planning
B) IT disaster recovery
C) Both A and B
D) Neither A nor B
Answer: A
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Benchmarking involves comparing the firm's products and processes to those of the competitors to identify best practices to improve quality and performance
Indicate whether the statement is true or false
Barbur, Inc. reported net income of $28 million. During the year the average number of common shares outstanding was 4 million. The price of a share of common stock at the end of the year was $5. There were 800,000 shares of preferred stock outstanding on average and no dividends were declared and the preferred stock is noncumulative.The Price/Earnings Ratio is approximately:
A. 0.71. B. 3.55. C. 7.00. D. 7.84.
Which of the follow legal safeguards gives individuals the right to access health data created by doctors?
A. Health Insurance Portability and Accountability Act (HIPAA) B. The Gramm-Leach-Bliley (GLB) Act C. Privacy Principles D. Payment Card Industry Data Security Standard (DCI DSS) E. Key Escrow
Pettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.
Balance Sheet (Millions of $) Assets2016 Cash and securities$ 1,554.0 Accounts receivable9,660.0 Inventories 13,440.0 Total current assets$24,654.0 Net plant and equipment 17,346.0 Total assets$42,000.0 Liabilities and Equity Accounts payable$ 7,980.0 Notes payable5,880.0 Accruals 4,620.0 Total current liabilities$18,480.0 Long-term bonds 10,920.0 Total liabilities$29,400.0 Common stock3,360.0 Retained earnings 9,240.0 Total common equity$12,600.0 Total liabilities and equity$42,000.0 Income Statement (Millions of $)2016 Net sales$58,800.0 Operating costs except depr'n$55,274.0 Depreciation$ 1,029.0 Earnings bef int and taxes (EBIT)$ 2,497.0 Less interest 1,050.0 Earnings before taxes (EBT)$ 1,447.0 Taxes$ 314.0 Net income$ 1,133.0 Other data: Shares outstanding (millions)175.00 Common dividends$ 509.83 Int rate on notes payable & L-T bonds6.25% Federal plus state income tax rate21.7% Year-end stock price$77.69 Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? A. 0.90 B. 1.12 C. 1.40 D. 1.68 E. 2.02