Which of the following statements is true about where some countries are with regard to sustainable supply chains?

a. U.S. companies are ahead of companies in Europe.
b. Firms in India and China have caught up with European countries.
c. both A and B
d. neither A nor B


d. neither A nor B

Business

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A sale of $750 on account, subject to a sales tax of 6%, would be recorded as an account receivable of $750

Indicate whether the statement is true or false

Business

Which of the following types of companies would you expect to have the highest inventory turnover ratio?

A) A law firm B) A construction company C) A fine jewelry retailer D) A grocery store

Business

The process of restating cash flows in terms of their present values is called discounting.

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

Business

The U.S. tax code allows ________ to transfer the entire estate to the survivor tax-free, assuming the recipient is a U.S. citizen

A) a generation-skipping clause B) gift taxes C) a common disaster clause D) tenancy in common E) an unlimited marital deduction

Business