The return on an asset is the change in its value plus any cash distribution over a given period of time, expressed as a percentage of its ending value

Indicate whether the statement is true or false

FALSE

Business

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The primary purpose of measuring sales force productivity is to:

A) calculate the number of calls each salesperson makes every quarter B) compare the number of sales presentations each salesperson makes C) calculate the firm's total sales volume for a specific period of time D) analyze the profitability of each salesperson's sales volume E) assess the ratio of profits to sales for the sales force

Business

All of the following statements about a surety are true EXCEPT

A) A surety theoretically expects no losses to occur. B) The principal is the party who agrees to answer for the debt, default, or obligation of another party. C) The surety has the legal right to recover a loss payment from the defaulting principal. D) There are three parties to a surety bond: the principal, the surety, and the obligee.

Business