The measure that indicates how efficiently assets are being used to support sales is called the
A) total asset turnover.
B) current ratio.
C) book value.
D) net profit margin.
Answer: A
Business
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Which of the following is an example of a specific purpose for a communication?
A) "Let's set up a meeting next week to discuss staffing." B) "I would like to set up a meeting Tuesday at 10:00 to get approval to hire an addition to staff." C) "I would like to talk to you about our staffing shortage." D) "Are you free to meet on Tuesday for a while?" E) "I would like to hire a few more people. When are you free to talk?"
Business
"The revenues from an unrented hotel room are forever lost." This statement refers to which characteristic of services?
a. intangibility b. perishability c. variability d. inseparability
Business