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Glo-bus Quiz 2 questions and answers 2022

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Which one of the following is NOT a way to improve the P/Q rating of a company's brand of multi-featured cameras – Increasing the number of models in the company's line of multi-featured cameras. ... Assume a company's Income Statement for a given quarter is as follows: Sales Revenues (50,000), Production Costs (26,500), Delivery Costs (1,600), Marketing Costs (8,500), Administrative Expenses (2,000), Operating Profit (14,400), Net Interest (750), Income Before Taxes (13,650), Taxes (4,095), Net Income (9,555). Based on the above data, which of the following statements is false? – Delivery costs are 2.8% of revenues and represent the company's smallest cost component. One of the benefits of pursuing a strategy of social responsibility and corporate citizenship is – An enhanced image rating, provided company spending for socially responsible activities is meaningful and is sustained over a multi-year period. [Show More]

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