On January 3, Cara wrote to SunTime Mfg. asking for shipment of 100 swimsuits on 90-day credit. In the letter, she gave references that indicated that her store was financially sound. Actually she had bills that she could not pay and hoped to turn the business around with the summer swimsuit sales. SunTime ships the suits on March 1; they are received March 15. Cara immediately puts them on
display and seven are sold by March 20 when SunTime discovers that Cara has lied. SunTime may:
A) recover 93 suits plus incidental damages.
B) recover 100 suits provided that SunTime acts in ten days from the delivery date.
C) recover no suits since it has been ten days since the suits were shipped.
D) recover 93 suits.
D
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This question contains two parts; be sure to answer both. First, describe the relationship between the amount of conflict in a department or organization and that department or organization's performance. At what level of conflict is performance maximized? Second, suppose that you are the manager of a store that sells medical supplies for the handicapped or infirm. You see three major sources of conflict at the store: (1) many of the staff members who work the front desk do not like one another, (2) those who stock the shelves and work with the customers are resentful that they are not paid more, and (3) all employees are required to work nights and weekends, which cuts into their family and personal time. Explain how you would manage each source of conflict.
What will be an ideal response?
The days' sales in inventory ratio is computed by dividing ending inventory by cost of goods sold and multiplying the result by 365.
Answer the following statement true (T) or false (F)
Nestlé uses two ________ on a single product, a global one and then a local one.
Fill in the blank(s) with the appropriate word(s).
Byrd Lumber has 2 million shares of common stock outstanding that sell for $17 a share. If the company has $40 million of common equity on its balance sheet, what is the company's Market Value Added (MVA)? Answer options are provided in whole dollar.
A. -$6,000,000 B. -$5,100,000 C. -$7,200,000 D. -$5,400,000 E. -$6,600,000