Annual Percentage Rate (APR) is the most important required disclosure under FTL.

a. true
b. false

Answer: a. true

Business

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Which of the following is the best indicator of management's effectiveness at generating profits relative to the firm's assets?

A) Quick ratio B) Fixed assets turnover C) Return on assets D) Accounts receivable turnover

Business

Accounting does not provide information that is useful in making decisions that have economic consequences

Indicate whether the statement is true or false

Business