The accounts receivable turnover ratio is computed by dividing net income by average accounts receivable
a. True
b. False
Indicate whether the statement is true or false
False
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Management at Growing Green, a company that markets organic and environmentally friendly gardening and landscaping supplies and equipment, is evaluating the benefits and disadvantages of indirect exporting, direct exporting, and licensing. In which stage of the international marketing process is Growing Green?
A. deciding which global markets are most attractive B. deciding on the marketing mix strategies for foreign markets C. deciding which market-entry strategy is best D. deciding on the global marketing organization E. deciding whether to go global
If the balance on the bank statement does not equal the balance per the company's records, then it can be assumed that:
A) The company has no errors in its records concerning the cash account. B) The bank has made errors in preparing the bank statement. C) The company has made errors in its records concerning the cash account. D) There will be items reconciling the difference.
Which of the following statements is FALSE about CFSCM program?
a. Actual demand information captured at point-of-sale is communicated through supply chain using information technology. b. Key customer service performance factors can be achieved faster with the collaboration of supply chain partners. c. The customers are linked to the lower-level members of the supply chain only. d. All supply chain activities are synchronized.
Oleg takes a PowerMade-brand rototiller to QuikFix Inc for repairs. Lacking certain parts, QuikFix ships the rototiller to Repair & Parts Company. While in Repair & Parts's possession, the machine is damaged. QuikFix can recover for the damage from
a. no one. b. Oleg. c. PowerMade. d. Repair & Parts.