If a firm's terms are 2/10, net 30 days, and its DSO is 28 days, we can be certain that the credit department is functioning efficiently and the percentage of past due accounts is minimal
a. True
b. False
Indicate whether the statement is true or false
False
Business
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GenTech Pharma has reported the following information: Sales/Total assets = 2.89; ROA = 10.74%; ROE = 20.36% What are the firm's profit margin and equity multiplier?
A) 7.1%; 0.53 B) 7.1%; 1.90 C) 3.7%; 0.53 D) 3.7%; 1.90
Business
Errors that occur in survey research design are called nonresponse errors.
a. true b. false
Business