Profit margin ratio
a. Market price per share
b. Net sales
c. Gross profit
d. Average total assets
e. Interest expense, net of tax
f. Net income
g. Total liabilities
h. Total assets
b, f
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The following set of items describes activities completed by a company in purchasing and paying for merchandise. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. Although the department supervisor can indicate a preferred supplier or vendor on purchase requisitions, the purchasing department has the responsibility for making the
final decision on a vendor. a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
________ can be useful when no sampling frame is readily available for selecting final sampling units but when the elements of the frame are known to be contained within a broader sampling frame
A) Stratified sampling B) Double sampling C) Sequential sampling D) Systematic sampling
________ may help shape product specifications, but their major role is to select vendors and to negotiate
A) Gatekeepers B) Deciders C) Buyers D) Influencers E) Users
The data below represents the fields of specialization for a randomly selected sample of undergraduate students. We want to determine whether there is any dependency between the fields of specialization and the regions of the country. Northeast Midwest South West Total Business54 65 28 93 240 Engineering15 24 8 33 80 Liberal Arts65 84 33 98 280 Fine Arts13 15 7 25 60 Health Sciences3 12 4 21 40 150 200 80 270 700 ? a.Determine the critical value of the chi-square ?2 for this test of independence.b.Calculate the value of the test statistic.c.What is the conclusion for this test? Let ? = .05.
What will be an ideal response?