Chumley’s specialty wool sock business offers a generous credit policy to its customers and is hesitant to rush them to pay. Lately, he has experienced cash shortages even though sales are steady and costs are stable. Which of the following would you recommend he examine first?
a. His bank’s lock box policy
b. His company’s economic order quantity
c. Pledged accounts receivable
d. The average collection period
D
You might also like to view...
Answer the following statements true (T) or false (F)
1.Two thirds of people are more likely to use your smartphone to connect with others. 2.The effective interpersonal communicator does not take others or the means of communicating for granted. 3.Interpersonal communication occurs between two people who form a dyad. 4.Intrapersonal communication occurs when you think or talk to yourself, it requires only a single communicator. 5.It is impossible to use multiple channels at the same time--and only communicate a single message.
The current market demand for paper clips is 320 million and its market development index is 55. Calculate the approximate market potential for paper clips
A) 463 million B) 582 million C) 694 million D) 720 million E) 838 million
What are the steps, in order, of the target marketing process?
A) segmentation, positioning, and targeting B) segmentation, targeting, and positioning C) targeting, segmentation, and positioning D) targeting, positioning, and segmentation E) positioning, segmentation, and targeting
Under Internal Revenue Code's Section 125 and/or the Deficit Reduction Act (DEFRA), an employer requires an employee to complete more than three years of service before becoming eligible under a flexible-benefit plan.
Answer the following statement true (T) or false (F)