The ratio of earnings to sales for a given time period is a firm's profit margin.

a. True

b. False

There are two terms consistently used when describing firewalls: stateful and stateless. A stateless firewall surveys all the traffic for a particular connection and investigates the packets containing the data to seek out sequences and patterns

During its first year of operations, Mack's Plumbing Supply Co. had sales of $420,000, wrote off $6,700 of accounts as uncollectible using the direct write-off method, and reported net income of $46,200.

Many people over 50 join the aarp (american association of retired persons) in order to enjoy the discounts provided to its members. this is an example of which type of incentive?

Insurance is frequently described as a method of "sharing the risk" because the:

Do Public schools, charities and government agencies seek for profit

Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts.

A company is considering purchasing a machine for $21,000. The machine will generate an after-tax net income of $2,000 per year. Annual depreciation expense would be $1,500. What is the payback period for the new machine? a. 4 years. b. 6 years. c.

A company purchased a delivery van for $15,500 with a salvage value of $2,300 on September 1, Year 1. It has an estimated useful life of 4 years.

Money has a time value because

Differentiate between needs and wants?