According the DuPont System,which of the Following Is Not a Factor

question 20

Multiple Choice

According the DuPont system,which of the following is not a factor in achieving a satisfactory return on assets?

• A) Use of debt
• B) Low inventory levels
• C) Rapid turnover of assets
• D) High profit margins

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Definitions:

FICA-OASDI

The portion of the U.S. Federal Insurance Contributions Act tax that funds the Social Security retirement, disability, and survivors' benefits.

Federal Income Tax

A tax levied by the federal government on the annual income of individuals, corporations, trusts, and other legal entities.

FICA Rate

The percentage of social security and Medicare taxes that must be paid by both employees and employers under the Federal Insurance Contributions Act.

SUTA Rate

The rate imposed on employers by a state to fund unemployment benefits, varying by state and the employer's claim history.