Involvement of the top officers in corporate crimes increases the penalty under the U.S. sentencing guidelines
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True
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When a firm repurchases its own stock and retires it, the stock is called treasury stock
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A company has net sales of $825,000 and cost of goods sold of $547,000. Its net income is $98,500. The company's gross margin and operating expenses, respectively, are:
A. $209,000 and $191,470. B. $645,500 and $179,500. C. $179,500 and $98,500. D. $278,000 and $98,500. E. $278,000 and $179,500.
The quick ratio:
a. compares a company's cost of goods sold during a period to its average inventory balance during that period. b. measures the degree to which a company could pay off its current liabilities immediately. c. measures a company's ability to make and collect sales. d. compares assets that should be turned into cash within one year to liabilities that should be paid within one year.
When formulating a linear programming spreadsheet model, we specify the constraints in a Solver dialog box, since Excel does not show the constraints directly
a. True b. False Indicate whether the statement is true or false