Net profit margin is equal to the gross profit margin times the operating profit margin

Indicate whether the statement is true or false

FALSE

Business

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Green Co. received merchandise on consignment. As of January 31, Green included the goods in inventory, but did not record the transaction. The effect of this on its financial statements for January 31 would be

a. net income, current assets, and retained earnings were overstated. b. net income was correct and current assets were understated. c. net income and current assets were overstated and current liabilities were understated. d. net income, current assets, and retained earnings were understated.

Business

What additional permissions must be assigned before a user can work with files on the IIS Web server?

What will be an ideal response?

Business