In the Percent-Of-Sales Method, If (A/S) and (L/S) Both Increase

question 12

Multiple Choice

In the percent-of-sales method, if (A/S) and (L/S) both increase:

• A) RNF stays the same.
• B) RNF goes down.
• C) RNF goes up.
• D) more information is needed.

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Definitions:

Presumed Revoked

The assumption that a legal document, like a will or license, is no longer valid or in effect without direct evidence.

Electrical Fire

A type of fire caused by electrical failures or malfunctions, such as faulty wiring, overloaded circuits, or defective electrical devices.

Consideration

An item of worth provided by each party in a contract, motivating them to engage in the deal for the purpose of exchanging reciprocal actions.

Enforce

To enforce adherence to or fulfillment of a regulation, statute, or duty.