Author Question: The opportunity cost of any choice you make is the highest-valued alternative that you had to give ... (Read 134 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
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.


chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

FALSE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library