The quantity of workers available in a country and their wage levels constitute a nation's knowledge resource factors

Indicate whether the statement is true or false


FALSE

Business

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Sparky's forecasts that sales will grow by 25% in 2013 and that its cost of goods sold to sales ratio will be the same in 2013 as it was in 2012 . If these assumptions prove correct and Sparky's inventory turnover ratio for 2013 is 4.5 what will be the level of inventory at the end of 2013?

a. $31,353 b. $26,475 c. $40,000 d. $42,314

Business

Which of the following would constitute an implied warranty?

A) affirmation of the facts of the goods B) description of the goods C) model or sample of the goods D) adequate packaging and labeling of the goods

Business

Many nations, especially those of Latin America, follow the ______ Doctrine, which holds that contractual dispute cases should be tried under local, and not foreign, law.

Fill in the blank(s) with the appropriate word(s).

Business

All decisions that result in a favorable outcome are considered to be good decisions

Indicate whether the statement is true or false

Business