If Mussel Company has working capital of $540,000 and a current ratio of 3 to 1, the amount of current assets is:
a. $540,000
b. $810,000
c. $270,000
d. $405,000
b
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The process of winding up the affairs of a partnership is referred to as realization
Indicate whether the statement is true or false
________ is the last stage of the personal selling process.
A. Handling customer objections B. Following up with customers C. Opening the relationships D. Qualifying prospects E. Prospecting for customers
An example of Nonaka’s (2001) explicit-explicit knowledge creation could be two organizations discussing how they can share knowledge about their products, services, or processes to create new ones. Nonaka refers to this process as ________________.
a. Socialization b. Internalization c. Articulation d. Combination
The manager of a luxury car rental company has noticed that demand for rentals is highly dependent on the state of the national economy. When the economy is performing well, she experiences lots of demand. However, when the economy is poor, she experiences very little demand. This demand pattern is likely an example of?
a. Trend b. Seasonality c. Cyclical d. Random variation