During the year, The Mound Company purchased $1,920,000 of inventory. The cost of goods sold for the year was $1,800,000 and the ending inventory at December 31 was $360,000 . What was the inventory turnover for the year?
a. 6.0
b. 5.0
c. 5.3
d. 6.4
A
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TQM is defined as a comprehensive approach dedicated to continuous
A. measurement of quantifiable goals and quick corrections. B. quality improvement, training, and customer satisfaction. C. product innovation and organizational learning, over fast cycles. D. customer input into management strategy and decision making. E. focus on components of service success: tangibles, questions, and margins.
All of the following are general causes that explain resistance to change except:
a. national culture factors b. organizational factors c. group factors d. individual factors
Because firms are introducing products at a faster rate, one general trend in marketing is that product life cycles are getting ________.
Fill in the blank(s) with the appropriate word(s).
Restrictive covenants are designed to protect both the bondholder and the issuer even though they may constrain the actions of the firm's managers. Such covenants are contained in the bond's indenture.?
Answer the following statement true (T) or false (F)