Ramirez Company sells its garden hoses to Kim's Lawn and Garden Center but does not require Kim's to pay for them right away. If this is a standard trade-credit agreement, Kim's will have to pay for the garden hoses in
A. 30 to 60 days.
B. 1 to 20 days.
C. 45 to 90 days.
D. 60 to 180 days.
E. as many days as it takes to sell the merchandise.
Answer: A
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Angel's oldest associate, Betty, complained that she was bored and was thinking of looking for a different job. Instead of letting her go, Angel decided to utilize her life experience and asked Betty if she would be responsible for organizing departmental social events and the weekly visual displays. This suggestion, giving Betty a task she would enjoy doing, would be an example of
A. job engagement. B. job enrichment. C. extrinsic rewards. D. intrinsic rewards. E. job description.
Mandolin Company has two divisions. Division A is interested in purchasing 10,000 units from Division B. Capacity is available for Division B to produce these units. The per unit market price is $30 per unit, with a variable cost of $17. The manager of Division A has offered to purchase the units at $15 per unit. In an effort to make this transfer price beneficial for the company as a whole, what
is the range of prices that should be used during negotiations between the two divisions? A) $15 to $30 B) $15 to $17 C) over $30 D) $17 to $30
Capital budgeting is the process of analyzing alternative long-term investments and deciding which assets to acquire or sell.
Answer the following statement true (T) or false (F)
Which job title would be given to someone responsible for supervising production in a manufacturing setting?
A) Supply chain manager B) Production manager C) Supplier development manager D) Purchasing manager