A company has sales of $640,000, net profit after taxes of $23,000, and a total asset turnover of 2.5. What is the return on assets?

Pearson Advising will have cash receipts of $35,000 in April and cash disbursements of $30,000 for this month. If its beginning cash is $5,000 and its desired reserve is $2,000, what will its excess be for April?

A) There is no excess but a shortfall. B) $5,000 C) $7,000 D) $8,000

A database is a self-describing collection of integrated records

Indicate whether the statement is true or false