Which of the following ratios provide information about liquidity?
a. Net profit margin.
b. Current ratio.
c. Inventory turnover.
d. Sales to assets.
b
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Labor unions in the United States were generally pro-free trade in the 1950s and 1960s. They became concerned about free trade when
a. they negotiated wages and benefits above those in a competitive market. b. they realized that their members faced increased competition from producers in other countries. c. they stopped receiving subsidies from the federal government. d. they started losing membership.
After a firm has identified an appropriate targeting strategy, the next step in the target market selection process is
A. determining the demographic variables of the target market. B. developing market segment profiles. C. determining which segmentation variables to use. D. selecting specific target markets. E. evaluating relevant market segments.
Apparent authority ends when an agent quits
Indicate whether the statement is true or false
The journal entry to record the sale of goods includes:
A. a credit to Finished Goods Inventory. B. a credit to Cost of Goods Sold. C. a credit to Conversion Costs. D. a credit to Work in Process Inventory.