Author Question: Each of the following would be considered a long-term asset except A) land. B) merchandise. C) ... (Read 131 times)

LCritchfi

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Each of the following would be considered a long-term asset except
 A) land.
  B) merchandise.
  C) machinery.
  D) buildings.

Question 2

Which of the following compares net income to net sales?
 A) gross profit margin
  B) merchandise turnover rate
  C) income statement
  D) net profit margin



babybsemail

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Answer to Question 1

B

Answer to Question 2

D



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