A firm with a total asset turnover that is lower than industry standard but with a current ratio that meets industry standard must have excessive ________

A) fixed assets
B) inventory
C) accounts receivable
D) debt


A

Business

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The time period variable is based on the time value of money.

Answer the following statement true (T) or false (F)

Business

Jackie's parents loaned her $80,000 to fund her college education. Her parents are not charging interest. They desire to be paid one lump sum of $80,000 when Jackie can accumulate that amount. Jackie established a savings plan that earns 8% compounded annually. Her new job promises to pay an annual holiday bonus that will enable her to make equal annual, year-end deposits of $6,400. Approximately

how many years will it take Jackie to accumulate the $80,000? A) 8 years B) 8.5 years C) 9 years D) 12.5 years

Business

An activity's normal time and cost are 8 and $100, respectively. Its estimated crash time and cost are 6 and $160, respectively. What is this activity's crash cost per time unit?

A. $60 B. $153 C. $65 D. $33 E. $30

Business

Productivity is measured by the quantity of good output generated from a specific amount of input during a time period

Indicate whether the statement is true or false

Business