MacBook Pro IN E 6 R Y E E D F G 3 > J B Ces j un i ; do COM command MacBook Pro G Y T R E G F D S J N B X C command Moving to another question will save this response Question 18 analysis involves the comparison of different firms' financial ratios at the same point in time. Cross-sectional Time-series Technical Marginal > A Moving to another question will save this response. MacBoc 30 DOO DOO FA F3 F2 Moving to another question will save this response Question 17 The measures the percentage of profit earned on each sales dollar before interest and taxes but after all costs and expenses net profit margin operating profit margin earnings available to common shareholders gross profit margin Ls Moving to another question will save this response. MacBook Pro 20 F3 DOO F4 F2 % $ # 5 0 Moving to another question will save this response. Question 16 The ratio measures the return earned on the common stockholders' investment in the firm return on total assets net profit margin price/earnings return on equity 1 A Moving to another question will save this response. MacBook Pro DOO DOO FA FS 80 F3 F2 % Moving to another question will save this response. Question 15 All of the following are examples of fixed assets EXCEPT marketable securities. equipment buildings. automobiles A Moving to another question will save this response. Moving to another question will save this response Question 14 Operating profits are defined as sales revenue minus cost of goods sold. gross profits minus operating expenses. earnings before depreciation and taxes. sales revenue minus depreciation expense. A Moving to another question will save this response. Moving to another question will save this response Question 13 The of a business firm is measured by its ability to satisfy its short-term obligations as they come due. liquidity debt profitability activity 1 A Moving to another question will save this response. MacE Moving to another question will save this response Question 12 Which of the following is true of a partnership and a corporation? In a partnership, income is taxed once at the individual level; whereas, in a corporation, income is taxed twice. Income from both forms of organizations are double-taxed. In a partnership, income is exempted from tax up to $10 million; whereas, in a corporation, income is taxed twice. In a corporation, income is taxed at the corporate level; whereas, in a partnership, income is taxed twice. 1 A Moving to another question will save this response. MacB DOO Moving to another question will save this response Question 11 Profit maximization as the goal of the firm is not ideal because profit maximization does not consider risk. cash flows are more representative of financial strength. profits are only accounting measures. profits today are less desirable than profits earned in future years. A Moving to another question will save this response. Mach
