Which of the following is calculated by dividing cost of goods sold by average inventory and then dividing this result into 365 days?
A. Current ratio
B. Inventory turnover
C. Days to sell ratio
D. Days to collect ratio
Answer: C
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What was the MOST notable aspect of Chapter 9's opening scenario on President Obama and comedian Marc Maron?
A) that a comedian would confront the president in front of millions of viewers B) that the president would fail to utilize social media channels for a major announcement C) that the world's most powerful man would use a podcast to make major news D) that a comedian would beat the nation's major networks to a major story
GR8 Stores, Inc, hires Haul-Way Company, a common carrier, to trans¬port 500 Intelo Game consoles from San Diego to Phoenix. En route, a pothole causes the truck to crash, damaging the goods. Liability for the damage most likely rests with
a. GR8 Stores and Haul-Way. b. GR8 Stores only. c. Haul-Way only. d. Intelo only.
Which of the following statements about benefits provided by workers compensation programs is true?
A) Occupational disability and nonoccupational disability are covered. B) Death benefits and benefits to eligible survivors are payable if a worker is killed on the job. C) Medical benefits are usually subject to deductibles, coinsurance, and numerous exclusions. D) Retirement benefits are payable to retired workers through workers compensation.
A fill-or-kill order will be
A) executed immediately upon order arrival on the floor of the exchange. B) will be cancelled if not immediately executed at the stated price or better. C) will be cancelled at the end of the trading day if not executed by that time. D) in effect until cancelled by the customer who placed the order.