Which of these ratios measure liquidity?
A. Fixed asset turnover
B. Receivables turnover
C. Net profit margin
D. Debt-to-assets ratio
Answer: B
You might also like to view...
Which of the following is not one of the key drivers of manufacturing competitiveness in a global market defined by uncertainty, change and complexity according to the Deloitte Touche survey?
a. facing the realities of globalization b. talent-driven innovation c. healthcare system d. local market attractiveness
The following standards for variable overhead have been established for a company that makes only one product: Standard hours per unit of output 3.6hoursStandard variable overhead rate$16.05per hourThe following data pertain to operations for the last month: Actual hours 5,000hoursActual total variable overhead cost$80,000 Actual output 1,300unitsRequired:a. What is the variable overhead rate variance for the month?b. What is the variable overhead efficiency variance for the month?
What will be an ideal response?
Under the periodic inventory system, Village Fabrics purchased 25 yards of blue plaid fabric at a cost of $2.00 per yard on June 1; on June 3, 22 yards were sold of the blue plaid; a new shipment came in with 25 more yards at a cost of $1.25 per yard on June 5; on June 15, 17 yards of the blue plaid fabric were sold; Village Fabrics purchased another 25-yard bolt at a cost of $1.00 per yard on
June 19; on June 27, 6 more yards had been sold. What is the value of inventory as of June 30 under the FIFO method? a. $57.50 b. $30.00 c. $60.00 d. $31.25
According to your text, an effective nonprofit brand should be all of the following except
A. reflective of the organization. B. easy to remember. C. unique. D. detailed and thought-provoking. E. pleasing to the eye and ear.