The return on sales ratio is ________.
A. net income/sales
B. also called the operating ratio
C. revenue/expenses
D. expenses/sales
Answer: A
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Toyota and Honda are two examples of companies that exhibit key characteristics of transnationality
Indicate whether the statement is true or false
Which of the following is true of concentrated global marketing?
A) It involves devising a marketing mix to reach multiple segments of the global market. B) Companies that use it try to attain worldwide depth rather than national breadth. C) Companies that use it attain lower production costs and greater sales volume. D) It calls for extensive distribution in the maximum number of retail outlets.
The credit balance in Cash Short and Over at the end of an accounting period is reported as ________
a. an expense on the income statement b. an asset on the balance sheet c. income on the income statement d. a liability on the balance sheet
The final figure in the schedule of cost of goods manufactured represents the
a. cost of goods sold for the period. b. total cost of goods completed for the period. c. total cost of goods started and completed this period. d. total cost of manufacturing for the period.