Which of the following is the most important responsibility of a purchasing officer?

A) getting the best quality B) ensuring goods are delivered on time
C) selecting the best source D) getting the best price


C

Business

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Westmoreland Company Following are selected data from Westmoreland Company's financial statements. 2017 2016 Current liabilities $230,000 $160,000 Long-term debt 120,000 320,000 Stockholders' equity 420,000 540,000 Cash payments for additions to plant and equipment 45,000 32,000 Net cash flow from operating activities 80,000 51,000 Interest and principal payments 12,000 8,000 Net operating cash

flows before interest and taxes 68,000 43,000 Net income 90,000 72,000 Interest expense 8,500 11,500 Income taxes 16,000 14,500 Dividends paid 15,000 30,000 Refer to the Westmoreland Company data. The cash flow from operations to capital expenditures ratio for 2017 is an indicator that Westmoreland Company a. has been effectively able to use operations to finance its acquisitions of productive assets. b. has increased profits by $13,000. c. has decreased cash, but is offset by the increase in net income. d. has net income that is more than it would have been had dividends of $30,000 been paid.

Business

Yashar is a manager at a publishing company and prides himself on having an organic company. Which type of performance appraisal would he be more likely to conduct?

a. manager evaluation b. peer evaluation c. uninvolved third party evaluation d. direct report evaluation

Business

________ is a movement that began in September 2011 to protest against large banks that are believed to receive excessive support from the government

A) The 15-M B) March on Washington C) Anti-corruption D) Occupy Wall Street

Business

Enterprise processes span an organization and support activities in multiple departments.

Answer the following statement true (T) or false (F)

Business