Table 3.1 Information (2010 Values)

question 127

Multiple Choice

Table 3.1 Information (2010 values)
1. Sales totaled $110,000
2. The gross profit margin was 25 percent.
3. Inventory turnover was 3.0.
4. There are 360 days in the year.
5. The average collection period was 65 days.
6. The current ratio was 2.40.
7. The total asset turnover was 1.13.
8. The debt ratio was 53.8 percent.
-Notes payable for CEE in 2010 was ________. (See Table 3.1)

• A) $113,466
• B) $ 52,372
• C) $ 41,372
• D) $ 10,609

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Definitions:

Estrogen

A primary female sex hormone responsible for the development and regulation of the female reproductive system and secondary sexual characteristics.

Transsexuals

Individuals who have a gender identity that is different from the sex assigned to them at birth and who may seek to live as the gender with which they identify, often through medical intervention.

Opposite Sex

A term that refers to the other gender category in a binary gender classification system, typically male or female, in relation to an individual.

Sociohistorical Processes

The combined social and historical influences and dynamics that shape societies and cultural practices over time.