9.
measure the efficiency with which an entrepreneur can handle his or her business's resources.

Multiple Choice
1. Profitability ratios
2. Leverage ratios
3. Inventory ratios
4. Activity ratios

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Which of the following is not a personality trait? sincerity word processing punctuality laziness

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.