Which of the following is true of officers of a corporation?
A) They are not agents of the corporation.
B) They are appointed and supervised by the shareholders.
C) They are responsible for the actual management of corporate affairs.
D) They do not control the proxy election of the board of directors of the corporation.
C
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Which of the following statements about EBIT and EBITDA margins is TRUE?
A) EBIT and EBITDA ratios are one of the few sets of ratios that tend to be the same across almost all industries. B) These ratios tell the firm what percentage of sales dollars are available to cover interest, taxes, and to provide a return to stockholders. C) These measures are useful for internal analysis but not for external analysis. D) These measures are useful for external analysis but not for internal analysis.
Property, plant and equipment is classified as_____________assets on the balance sheet
Fill in the blank(s) with correct word