Runyon Inc. reported the following results from last year's operations: Sales$16,800,000Variable expenses 12,230,000Contribution margin 4,570,000Fixed expenses 3,394,000Net operating income$1,176,000?The company's average operating assets were $7,000,000.?Last year's turnover was closest to:
A. 2.40
B. 0.42
C. 14.29
D. 0.07
Answer: A
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Answer the following statement true (T) or false (F)
What is the most constructive form of feedback orientation for leaders to have?
a. motivated b. avoidant c. performance prove d. learning
Imagine that you are selling plumbing supplies to buyers at a do-it-yourself chain of stores. When you have converted a prospect into a customer, you should:
A. reduce your account penetration. B. expect to be treated very well when you make a sales call. C. always do what you say you will. D. avoid involvement in small complaints between your customer and your company's accounting department. E. leave the customer alone unless you have a new product.
Retailers should measure productivity strictly from the perspective of cost cutting
Indicate whether the statement is true or false