Match the Person or Term with the with the Correct

question 65

Multiple Choice

Match the person or term with the with the correct description.
-William Levitt

• A)The Affluent Society
• B)Checkers speech
• C)chief justice of the Supreme Court
• D)founder of McDonald's
• E)NAACP lawyer
• F)conservative economist
• G)The Lonely Crowd
• H)Little Rock Central High School
• I)Vietnamese leader
• J)builder of suburbia
• K)Beat writer
• L)Catholic presidential candidate

---

Definitions:

Gross Profit to Cost

A financial ratio that measures the profitability of a company by comparing its gross profit to its total cost of goods sold.

Gross Profit to Sales

A financial ratio that determines the percentage of gross profit relative to sales revenue, indicating the efficiency of production and pricing.

Theoretical Assumptions

Foundational ideas or principles assumed to be true without immediate empirical testing, used as the basis for further theory development or analysis.

Conservatism

An accounting principle that advises to exercise caution and report expenses and liabilities as soon as possible, but to delay the recognition of revenues and assets.