A regressive tax rate is one that increases as you make more income

The basis for classifying assets as current or noncurrent is the period of time normally required by the accounting entity to convert cash invested in

a. inventory back into cash, or 12 months, whichever is shorter. b. receivables back into cash, or 12 months, whichever is longer. c. tangible fixed assets back into cash, or 12 months, whichever is longer. d. inventory back into cash, or 12 months, whichever is longer

The ratio of men and women in entry-level professional positions is ________; however, moving up the corporate ladder, the percentage of management roles held by men ________

A) grossly unequal; remains flat B) roughly equal; increases steadily C) essentially the same; decreases steadily D) skewed toward women; increases dramatically