Which of the following ratios does NOT measure efficiency or activity of an entity?
a. Accounts receivable turnover
b. Age of accounts receivable
c. Net cash flow to current liabilities
d. Times interest earned
D
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Which of the following factors would most likely push a company to decide NOT to pursue a global marketing strategy?
A) The company's home market is stagnant. B) The company would have to redesign its products. C) The company needs to counterattack international competitors in its home markets. D) Foreign markets present higher profit opportunities. E) Global competitors have offered similar products.
A company can help its cash flows by:
a. purchasing merchandise from suppliers with longer payment terms. b. reducing credit terms for sales. c. reducing its financing period. d. all of these will help a company's cash flows.
Products that are in the process of being manufactured but are not yet complete are called:
A. Finished goods inventory. B. Cost of goods sold. C. Raw materials inventory. D. Conversion costs. E. Work in process inventory.
Manufacturer-driven substitution increases overall profitability for the manufacturer by allowing some aggregation of demand, which reduces the inventory requirements for the same level of availability
Indicate whether the statement is true or false.