A: assets
B: services
C: profits
D: outputs
举一反三
- Managers are assumed to use ________ if they make logical and consistent choices to maximize value.
- A total asset turnover ratio of 3.5 indicates that A: For every $1 in sales, the firm acquired $3.50 in assets during the period. B: For every $1 in assets, the firm produced $3.50 in net sales during the period. C: For every $1 in assets, the firm earned gross profit of $3.50 during the period. D: For every $1 in assets, the firm earned $3.50 in net income. E: For every $1 in assets, the firm paid $3.50 in expenses during the period.
- Traditionally partners shared directly in the profits of the firm after ( ).
- The rate of return on total assets is calculated as ( ). A: (Sales profit + interest expense) ÷ total average assets B: (Net profit + interest expense) ÷ total average assets C: (operating profit + interest expense) ÷ total average assets D: (Total Profits + Interest Expense) ÷ Total Average Assets
- Liquid assets are deducted _____ from current assets(<br/>). A: Other receivables B: Accounts receivable C: Inventory D: Financial assets whose changes are measured at fair value and booked<br/>into current profits and losses.<br/>The
内容
- 0
A firm with a higher degree of operating leverage when compared to the industry average implies thatthe A: Firm has higher variable costs. B: Firm's profits are more sensitive to changes in sales volume. C: Firm is more profitable. D: Firm is less risky.
- 1
The balance sheet provides a snapshot of the firm’s assets and liabilities.
- 2
A production function for a firm describes: () A: What should be produced to maximize profit. B: What is technologically feasible when the firm produces efficiently. C: What revenue is earned from producing efficiently. D: What the firm produces with given inputs.
- 3
The greater the level of current assets available relative to liabilities, the greater the firm’s ______ .
- 4
_________________ happens when a firm agrees to purchase goods or services from any firm within the country to which it made a sale. A: Countertrade B: Offset C: Counterpurchase D: Buyback