If the current ratio is 2.5 to 1, net income is $6,000, and current liabilities are $18,000, how much is working capital?
a. $ 6,000
b. $ 14,000
c. $ 27,000
d. $ 45,000
c
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Marco asks his manager to listen in while he makes calls one day to help him figure out what he could be doing better. The manager concludes that Marco is doing an excellent job of building rapport but is not qualifying prospects as he talks to them
The manager suggests that Marco spend less time talking about the prospect's personal details and: A) more time talking about the features of the product B) focus on non-verbal ways to build rapport with the prospect, such as making active listening noises C) keep a list of qualifying questions in front of him so he makes sure to ask each one of them during the call D) practice his elevator pitch so he can help the prospect understand the product more quickly, since they do not have time on the phone to do a long pitch E) instead, talk about himself so the prospect will be able to trust him more easily
When a group of plaintiffs with common claims collectively bring a lawsuit against a defendant, it is known as consolidation
Indicate whether the statement is true or false
Because services like cruises and car rentals are perishable, many marketers use
A. machines to replace people for standard transactions. B. training to standardize delivery. C. service quality to extend the life of the product. D. pricing strategies to match supply with demand. E. incentives to encourage staff to deliver according to standards.
The adjusting entry for overallocated or underallocated manufacturing overhead is usually prepared at the beginning of the accounting period
Indicate whether the statement is true or false