Which of the following laws is a revision of a previous law?

Which of the following is desirable in a good system of internal accounting control?

Select one: A. Appropriate forms, such as checks and sales invoices, should have preprinted control numbers B. Responsibility and authority for a given function should be shared among several employees C. To obtain the benefit of specialization, employees should not be rotated among similar jobs D. All accounting personnel in a firm should be bonded

Kurtz Logistics provides the following information

Operating income $1,600,000 Net sales $13,500,000 Average total assets $1,850,000 Management's target rate of return 20% What is the company's profit margin ratio? A) 13.7% B) 11.9% C) 86.5% D) 1.1%