The difference between a stock's closing price today and its closing price yesterday is listed in financial pages as the "net change."

Currencies that can be freely exchanged for other currencies without legal restrictions are called ________

A) floating currencies B) fixed currencies C) convertible currencies D) free currencies

Managers understand that the margin of safety is the difference between:

A) budgeted expenses and breakeven expenses. B) budgeted revenues and breakeven revenues. C) actual operating income and budgeted operating income. D) actual contribution margin and budgeted contribution margin. E) None of these are true.