measures that degree to which the revenue from selling products exceeded the cost of the materials used to produce them.
A. Gross profit
B. Operating expense
C. Net sale
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belong to current assets.
A. accounts receivable
B. accounts payable
C. marketable securities
belong to current liabilities.
A. accounts payable
B. accounts receivable
C. notes payable
Equity financing means obligations to pay loan lenders or bond buyers a fixed amount of interest regardless of the firm’s financial conditions.
A. 对
B. 错
When the total revenue is equal to total cost, the are said to be at the break-even point.
A. 对
B. 错