Turnover ratios differ from the current and quick ratios in that they
a. are based on working capital instead of cash.
b. are based on a point of time instead of a period of time.
c. are activity ratios.
d. measure the profitability of a company instead of its liquidity.
c
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The net present value method of evaluating proposed investments
a. measures a project's time-adjusted rate of return. b. discounts cash flows at the minimum desired rate of return. c. ignores cash flows beyond the payback period. d. applies only to mutually exclusive investment proposals.
A consumer's surplus represents an advantage for ________
A) producers B) suppliers C) consumers D) marketers E) business markets
Of the following, which is the MOST necessary ingredient for any successful sales force organization?
A) recruiting and hiring the right set of salespeople B) technical specialists who work well with other people C) extensive sales training D) ongoing professional development E) reliable technical support
________ is a process in which managers and employees at all levels set objectives for what they are to accomplish.
A. Management by objectives B. Program evaluation and review technique C. Strategic objectives managing D. Objectives management