The asset turnover ratio measures the amount of net sales generated for each average dollar of total assets invested

Is the monthly operation cost include the cost of good sold in a small retail business?

1) include 2) not include

Which of the following is true of the Premium on Bonds Payable account?

A) It is added to the Bonds Payable balance and shown with long-term liabilities on the balance sheet. B) It is added to the Bonds Payable balance and shown with stockholders' equity on the balance sheet. C) It is subtracted from the Bonds Payable balance and shown with long-term liabilities on the balance sheet. D) It is subtracted from the Bonds Payable balance and shown with the current liabilities on the balance sheet.