Operating margin is defined as:
A) operating income or loss divided by net sales revenues.
B) operating income or loss divided by total operating expenses.
C) net sales revenues divided by net income or loss.
D) net assets divided by net liabilities.
A
Business
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If a company's average collection period is higher than the industry average, then the company might be
A) enforcing credit conditions upon its customers which are too stringent. B) allowing its customers too much time to pay their bills. C) too tough in collecting its accounts. D) too liquid.
Business
A significant growth area in franchising is providing time-saving services to baby boomers
Indicate whether the statement is true or false.
Business