Income from operations is arrived at after considering all except
A) administrative salaries.
B) interest income.
C) the cost of sales.
D) sales returns and allowances.
B
Business
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Under conditions of limited resources, when a company is comparing several investments with different amounts of initial cost, the decision should be made on the basis of the ________
A) highest total cash inflows B) shortest payback period C) highest profitability index D) highest NPV
Business
Which of the following refers to a set of procedures in which the sample size and sample statistics are used to make estimates of population values or facts?
A) sample logic B) deductive statistics C) statistical deduction D) generalization E) deductive logic
Business