Author Question: Each of the following would be considered a long-term asset except A) land. B) merchandise. C) ... (Read 115 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
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

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library