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Author Question: The opportunity cost of any choice you make is the highest-valued alternative that you had to give ... (Read 151 times)

EY67

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on: Jul 11, 2018
The opportunity cost of any choice you make is the highest-valued alternative that you had to give
  up when you made the choice.
 
  Indicate whether the statement is true or false

Question 2

The A corporation has an operating profit margin of 20, operating expenses of 500,000, and
  financing costs of 15,000. Therefore,
 
  A) the corporation's net profit margin is greater than 20.
  B) the corporation's gross profit margin is greater than 20.
  C) the corporation's gross profit margin is equal to 20 because gross profit is not affected by
  operating expenses or financing costs.
  D) the corporation's gross profit margin is less than 20.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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chevyboi1976

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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