If You Open a Word Document in PowerPoint and Each

question 12

Multiple Choice

If you open a Word document in PowerPoint and each item becomes a title for a slide, what happened?

• A) The Word document is actually a bulleted list rather than an outline.
• B) It is not an actual Word document.
• C) It is likely a Word document saved in a version prior to Word 2010.
• D) The file was incorrectly saved within Word.

Understand and apply the formula for calculating the relationship of net income to net sales.

Calculate the inventory turnover rate.

Compute the rate of return on investment (ROI).

Calculate the acid test ratio.

---

Definitions:

Stock Investments

Investments made by purchasing shares of companies in the hope of earning dividends or selling the shares at a higher price.

Insignificant Influence

A situation where an investor does not have the power to participate in the financial and operating policy decisions of another entity.

Credit Sale

A transaction where goods or services are provided to a customer with an agreement to pay later, often within a specified timeframe.

Translated

In finance, "translated" often refers to converting financial statements or amounts from one currency into another to facilitate comparison or consolidation.