Trekker Bikes' current assets are $1,125 million and its current liabilities are $750 million. Its current ratio is 0.63.
Answer the following statement true (T) or false (F)
False
Current Ratio = Current Assets/Current Liabilities
Current Ratio = $1,125 million/$750 million = 1.5
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When Mia performs routine tasks needed to keep progress moving in her team, she is performing the role of a(n)
A. orienter. B. compromiser. C. initiator-contributor. D. energizer. E. procedural technician.
October November December Budgeted S&A Expenses Salary expenses10,000 10,500 11,000 Sales commissions, 5% of sales5,000 5,500 5,300 Insurance expenses2,000 2,000 2,000 Rent2,400 2,400 2,400 Depreciation on equipment1,500 1,500 1,500 Utilities1,100 1,300 1,500 Total operating expenses22,000 23,200 23,700 Schedule of Cash Payments for S&A Expenses Salary Expenses? 10,500 ? 100% of prior month sales commissions5,100 ? ? Insurance Expense2,000 2,000 2,000 Rent? ? 2,400 100% of Prior months utilities expenses1,200 ? ? Total payments foe S&A expenses? ? ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement?
A. $64,400 B. $23,700 C. $63,900 D. $68,900
The use of an inside sales force has grown due to the surge in online, mobile, and social media technologies
Indicate whether the statement is true or false
The ________ presentation is the most challenging and creative form of selling because it is designed to be interactive.
A. stimulus-response B. need-satisfaction C. formula D. problem-solution E. straight-rebuy