Which of the Following Statements About Operating Ratios (Which Can

question 84

Multiple Choice

Which of the following statements about operating ratios (which can be calculated from operating statements) is TRUE?

• A) By comparing operating ratios from one period to another, a firm can identify areas that may need special attention.
• B) These ratios are often used for control purposes.
• C) These ratios are calculated by dividing operating statement items by net sales.
• D) By comparing its operating ratios with competitors' ratios, a firm may be able to obtain a better idea of how it is doing.
• E) All of the above are true.

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Definitions:

Plasma Membrane

The lipid bilayer that encapsulates a cell, controlling the movement of substances into and out of the cell.

Biological Membrane

A lipid bilayer structure that encloses the cellular contents of living cells and regulates the passage of substances in and out of cells.

Trans Membrane

Pertaining to or spanning across a cellular membrane, often referring to proteins that extend through the bilayer and interact with both the inside and outside of a cell.

Fluid Mosaic Model

The currently accepted model of the plasma membrane and other cell membranes, in which protein molecules “float” in a fluid phospholipid bilayer.