Picture Puzzle Company The Picture Puzzle Company has the following estimates for producing a single batch of 500 custom-made puzzles: Wait time 10 days Inspection time 1 hour Processing time 3 days Move time 1 day Refer to the Picture Puzzle Company information above. The total non-value-added time is:
A) 11 days and 1 hour.
B) 11 days.
C) 1 day.
D) 10 days.
A
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Some manufacturers give ________ to retailers to pass on to the retailers' salesclerks, to encourage aggressive selling of specific items or lines.
A. advertising allowances B. cash discounts C. quantity discounts D. slotting allowances E. "push money"
Which of the following is NOT a main part of managing the sales force?
A) recruiting and selecting sales representatives B) identifying prospects for sales representatives C) training sales representatives D) motivating sales representatives E) evaluating sales representatives
Which of the following is least likely to affect the retained earnings balance?
a. Conversion of preferred stock into common stock b. Stock splits c. Treasury stock transactions d. Stock dividends
Which of the following ratios is the best measure of liquidity?
A) Debt-to-equity ratio B) Times-interest-earned ratio C) Return on assets ratio D) Quick ratio