The shopkeeper's privilege applies:
A) regardless of the amount of time the shopper is detained
B) even if the shopkeeper made a good-faith mistake.
C) only if a security guard is used by the store.
D) only if it turns out that the customer has stolen something.
B
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Which of the following is an organizational result from an effective and efficient supply chain management system?
A. Decrease the power of its buyers. B. Increase efficiencies while seeking a competitive advantage through cost leadership. C. Create entry barriers thereby reducing the threat of new entrants. D. All of these.
Of the following, what is the most useful objective for Purina cat food?
A. To increase sales of Purina brand cat food by 15 percent over 2010 sales of $300 million. B. To increase sales of Purina brand cat food between January 1, 2010 and December 31, 2010. C. To increase sales of Purina brand cat food from $300 million to $345 million. D. To increase sales of Purina Brand cat food. E. To increase sales of Purina pet food.
Mirror Emporium's sole owner, Fred Martin, is happy about his $100,000 profit. However, while he knows that the firm is profitable, he wants to know how effectively his investment is being used when compared to its other investments. What computation would you recommend?
Gecko Enterprises had the following inventory data:
Assuming average cost, what is the ending inventory after the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
A) $232
B) $240
C) $204
D) $216