Queen Co.'s balance in accounts receivable is $240,000. Annual credit sales are $2,880,000. Queen's average collection period is

A) 12 days.
B) 30.4 days.
C) 2.5 days.
D) There is not enough information.


Answer: B

Business

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The debt to tangible net worth ratio is a more conservative ratio than the debt ratio

Indicate whether the statement is true or false

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Aron is concerned about union organizing activities among his employees. He knows that many of the employees like and respect Derrick. Aron thinks if he can get Derrick to vote against the union, others will do so as well. Aron offers Derrick a 10% raise if Derrick does not vote for the union. Aron knows this will be a lot of money, but thinks he will save money in the long term by avoiding the union. It appears that Aron violated which of the NLRB’s NO TIPS rules regarding what management cannot do during labor elections.

A. no threats B. no interrogations C. no promises D. no spying

Business

When asked what he saw the role of the union to be in the coming years, one union representative replied, "To administer the contract for my members." This reply best illustrates:

A. The servicing model of union representation. B. The organizing model of union representation. C. Employee empowerment unionism. D. Social unionism.

Business

The processes involved in the manufacturing cycle include

A) order trigger. B) production scheduling. C) order fulfillment. D) order entry.

Business