Research shows that one referral is as valuable as
A. 6 filled out information request forms.
B. 12 filled out information request forms.
C. 100 cold calls.
D. 12 cold calls.
E. 6 cold calls.
Answer: D
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Indicate whether the statement is true or false
Bob and Sons' static budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct labor, utilities of $5,000, and supervisor salaries of $15,000. A flexible budget for 12,000 units of production would show:
A) the same cost structure in total B) direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $18,000 C) total variable costs of $136,800 D) direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000
Amanda is writing a claim letter about unsatisfactory service she received at a recent business dinner. She should enclose a copy of her restaurant receipt
Indicate whether the statement is true or false
Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will an increase in accounts receivable affect each ratio?
A. Decrease the current ratio and decrease the acid-test ratio. B. No change to the current ratio and decrease the acid-test ratio. C. Increase the current ratio and increase the acid-test ratio. D. Decrease the current ratio and increase the acid-test ratio.