Ethel's Conversations Are Hard to Follow

question 62

Multiple Choice

Ethel's conversations are hard to follow.She doesn't stay on the same topic, and there is no logical transition between topics.Ethel's speech is an example of

• A)derailment.
• B)alogia.
• C)neologism.
• D)avolition.

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Definitions:

Component Percentages

A financial analysis tool that breaks down each component of a financial statement as a percentage of a total.

Net Sales

The top line reported on the income statement. Net sales = Sales revenue − (Credit card discounts + Sales discounts + Sales returns and allowances).

Total Asset Turnover

A metric that evaluates how effectively a company utilizes its assets to produce sales income.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.