The Self-Fulfilling Prophecy Is an Event That Occurs Because It

question 38

True/False

The self-fulfilling prophecy is an event that occurs because it was predicted and people alter their behavior to conform to the prediction.

Understand how to calculate profit margin on sales.

Interpret financial ratios and their implications for business decisions.

Analyze the maximum debt ratio a firm can use based on financial constraints.

Determine net income requirements to achieve a specific return on equity.

---

Definitions:

Buying Habits

Patterns or tendencies consumers exhibit when purchasing goods or services, including frequency, timing, and preference.

Direct Disposal Costs

Costs directly associated with the disposal of a fixed asset, including costs to remove, dismantle, and transport the asset.

Lower of Cost

A valuation rule often used in inventory accounting to record the cost of inventory at the lower of its original cost or its current market value.

Market Method

The market method is an approach to valuing certain assets based on the current market prices of similar assets.