In performing a vertical analysis, the base for cost of goods sold is:
A) total selling expenses.
B) net sales.
C) total expenses.
D) total revenues.
B
Business
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Assume your firm has an unused machine that originally cost $75,000, has a book value of $20,000, and is currently worth $25,000. Ignoring taxes, the correct opportunity cost for this machine in capital budgeting decisions is:
A) $25,000. B) $5,000. C) $75,000. D) $20,000.
Business
Are executive summaries and abstracts the same thing?
A) Yes. B) No.
Business