Martinez corporation reported net sales of $775,000 and net income of $132,000. the profit margin is:

All of the following statements about ABC analysis are true except a. inventory may be categorized by measures other than dollar volume b. it categorizes on-hand inventory into three groups based on annual dollar volume c.

A change that shifted the long-run aggregate supply curve to the right would not necessarily shift the short-run aggregate supply curve to the right.

The manufacturing operations of a company had the following balances for the year: Beginning Balance Ending Balance Raw materials $84,000 $91,000 Work in process $45,000 $59,000 Finished goods $28,000 $23,000 The company transferred $918,000 of

Which of the following is one of the advantages of forming a corporation A-The ability to take personal deductions for business losses B-The ability to sell stock to raise funds C-The ability to go bankrupt D-The ability to sell the corporation

According to the Porter (1996) article on Strategy, managers are so caught up in the race to make decisions on strategic fit, many do not understand the need for operational effectiveness. a. True. b. False.

Non-trade receivables should be reported separately from trade receivables. Why is this statement either true or false? A) It is true because trade receivables are current assets and non-trade receivables are long term.

In general, a visionary organization asks what three types of questions to specify its foundation, set a direction, and formulate strategies? why, when, where what, by whom, how why, what, how how, when, where who, why, when

The United States wanted overseas territories because the territories had A) access to ports. B) customers who would buy U. S. products. C) connections with European nations. D) access to raw materials.

On January 1, Puckett Company paid $1.71 million for 57,000 shares of Harrison's voting common stock, which represents a 40 percent investment. No allocation to goodwill or other specific account was made.

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