Engineering Economics
The ratio of the net income before taxes to net sales is called ______.

Price-earnings ratio
Inventory turnover
Current ratio
Profit margin ratio

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Engineering Economics
Which is true about corporation?

Its life is dependent on the lives of the incorporators.
It is worse type of business organization.
The stock holders of the corporation are only liable to the extent of their investments.
The minimum number of incorporators to start a corporation is three.

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