A gun manufacturer that fails to warn its users that hearing loss may occur due to long-term exposure to gun fire may be strictly liable in tort for hearing loss
a. True
b. False
Indicate whether the statement is true or false
True
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The most common means of making entries in the general ledger is via the journal voucher
Indicate whether the statement is true or false
_____allows people to state their opinions without revealing their identity
a. Defamation b. Anonymous expression c. Libel d. A John Doe lawsuit
The calculation of total asset turnover is:
A) Gross profit divided by average total assets. B) Average total assets divided by gross profit. C) Net sales divided by average total assets. D) Average total assets multiplied by net sales. E) Net assets multiplied by total assets.
The formula for the net profit margin percentage is: Net profit margin percentage = Net income รท Sales.
Answer the following statement true (T) or false (F)