Which of the following does NOT have an impact on a company’s choice of global sales and operations planning model?
a. strategic direction
b. volume of demand
c. nature of its products
d. buying power of customer
d. buying power of customer
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What is the rate earned on total assets for Diane Company?
a. 10.0% b. 8.0% c. 0.10% d. 1.0%
The following information is for Barrel and its competitor Crate. ?BarrelCrate?Year 1Year 2Year 1Year 2Net sales ?$347,850$365,418$579,750$664,395Cost of sales ?121,747146,167318,862312,265Required:1. Calculate the dollar amount of gross margin and the gross margin ratio to the nearest percent, for each company for both years.2. Which company had the more favorable ratio for each year?3. Which company had the more favorable change in the gross margin ratio over this 2-year period?
What will be an ideal response?
Select the type of business that is most likely to obtain large amounts of resources by issuing stock
A) Partnership B) Corporation C) Sole proprietorship D) None are correct.
Which accounting principle or concept is not being applied when the direct write-off method of accounting for bad debts is being used by a business?
a. Full-disclosure principle b. Partnership concept c. Matching principle d. Cash principle e. Discounting principle