When comparing inventory turnover ratios, other things being equal,
A) higher inventory turnover results from old or obsolete inventory increasing the inventory
balance on the balance sheet.
B) a higher inventory turnover is preferred to improve liquidity.
C) higher inventory turnover results from an increase in the selling price of the product.
D) a lower inventory turnover is preferred in order to keep inventory costs low.
B
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Which of the following is a change that took place in the legal system that led to the development of contract law in the process?
A. Courts began to shift their emphasis from protecting consumers and workers to protecting business and promoting industrialization. B. Courts today are not willing to consider defenses based on inequality of bargaining power between the parties. C. Courts are not given the authority to control any contractual relationships as they are left to private bargaining. D. Courts tend to view with great suspicion attempts by manufacturers to limit their responsibility for their products by contract.
According to the text, one of the "half-truths" that has influenced the erosion of character in business is that: "Corporations exist to maximize shareholder value."
Indicate whether the statement is true or false
Modular furniture in the mailroom provides it with greater flexibility
Indicate whether the statement is true or false.
A license permits the use of intellectual property for certain limited purposes.
Answer the following statement true (T) or false (F)