When the firm's nominal profits are divided by the price level, the result is known as ________

A) nominal profitability
B) real profitability
C) inflation-adjusted profitability
D) relative profitability

Answer: B

Business

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If a company manufactures a product in the home-country market as well as in foreign markets it is considered black marketing

Indicate whether the statement is true or false

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In future value or present value problems, unless stated otherwise, cash flows are assumed to be:

A) At the end of the time period. B) At the beginning of the time period. C) In the middle of the time period. D) Spread out evenly over a time period.

Business