Podcast
Questions and Answers
Did the business make a profit each week this summer?
Did the business make a profit each week this summer?
- Yes (correct)
- No
- The business only made a profit in Week IV and V
- The text does not provide enough information to answer the question
What is the trend of the Net Profit/Sales ratio?
What is the trend of the Net Profit/Sales ratio?
- The text does not provide enough information to answer the question
- Remained the same
- Down (correct)
- Up
If the Net Profit/Sales ratio is going down, which ratio(s) reflect the problem?
If the Net Profit/Sales ratio is going down, which ratio(s) reflect the problem?
- Both COGS/Sales and Expenses/Sales
- The text does not provide enough information to answer the question
- COGS/Sales (correct)
- Expenses/Sales
What has been happening in the business that caused the problem?
What has been happening in the business that caused the problem?
How would you resolve the problem as a business leader?
How would you resolve the problem as a business leader?
Flashcards are hidden until you start studying