When customers "leapfrog," they skip:
a. a generation of technology
b. from one technology to another
c. from one seller to another
d. from a basic product line to a full-featured product line
e. from one solution to another
a
Business
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Which of the following inventory costing methods yields the lowest cost of goods sold during a period of rising inventory costs?
A) specific identification B) weighted-average C) last-in, first-out D) first-in, first-out
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In the DuPont system of analysis, the return on equity is equal to ________
A) (net profit margin) × (total asset turnover) B) (stockholders' equity) × (financial leverage multiplier) C) (return on total assets) × (financial leverage multiplier) D) (return on total assets) × (total asset turnover)
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