Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receivable$80,000 $72,000 Inventory 84,000 70,000 Net sales (all credit) 400,000 372,000 Cost of goods sold 254,000 216,000 Total assets 850,000 810,000 Total stockholders' equity 500,000 450,000 Net income 75,000 56,000 TPX Company's 2021 receivables turnover ratio is: (Round your answer to 1 decimal place.)
A. 5.0 times.
B. 5.6 times.
C. 5.3 times.
D. 0.2 times.
Answer: C
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Fresh Foods, a chain of international supermarkets, has operations in 20 countries around the world. Fresh Foods always encourages the rapid development of local management and retains few expatriates in its overseas operations. Fresh Foods' management ranks are truly international. Which of the following is most likely a reason for the success of Fresh Foods in international markets?
A. Rigidity B. Capital assets C. A global culture D. Adaptability E. Financial resources
Under the adversary system, the judge's role is viewed as not only ________ but also essentially ________.
A. biased; active B. unbiased; active C. unbiased; passive D. biased; passive
What are the differences between how consumer goods and industrial goods are modified for international sale? Please use examples in your answer.
What will be an ideal response?
To link a chart in Microsoft Word 2010 to the original Excel worksheet, copy the Excel chart and paste into Word using:
a. Merge Formatting b. Microsoft Excel Chart Object c. Microsoft Word Document Object d. Picture (Enhanced Metafile)