The Day-To-Day Operation of a School District Is Determined by the

question 35

Multiple Choice

The day-to-day operation of a school district is determined by the

• A) principal.
• B) school board.
• C) superintendent.
• D) teacher organization.

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Definitions:

Debt-Equity Ratio

The debt-equity ratio shows the comparative amount of shareholder equity and debt financing a company uses to support its assets.

Fully Depreciated

A state where a fixed asset has reached the end of its useful life and its book value is reduced to scrap value.

Profit Margin

A measure of a company's profitability, calculated by dividing net income by total revenues. It shows how much profit each dollar of sales generates.

Net Income

The total profit or earnings of a company after all expenses, taxes, and costs have been subtracted from total revenue.