The percentage-of-sales procedure arises from the idea that uncollectible amounts will vary with the volume of credit business. The firm estimates the appropriate percentage by studying its own experience or by inquiring into the experience of similar firms. Default rates generally fall within the range of _____of credit sales

a. .01% to .02%
b. 1% to 2%
c. 10% to 20%
d. 21% to 30%
e. 31% to 40%


B

Business

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In the model of buyer behavior, which of the following is NOT a major type of force or event in the buyer's environment?

A) economic B) technological C) social D) political E) cultural

Business

Which of the following is/are not true?

a. Firms may periodically distribute net assets generated by earnings to shareholders as a dividend. b. Firms reduce net assets and retained earnings for the dividend distribution. c. Retained earnings on the balance sheet provides a measure of the cumulative net assets generated by earnings in excess of dividends declared. d. The sale of property, plant, and equipment represents the primary source of funds for most successful businesses. e. none of the above.

Business

Arrows on an activity-on-node (AON) project network represent

A. An activity and dependency. B. An activity. C. Project flow and dependency. D. Project flow. E. Dependency.

Business

Ethan was supposed to make a decision about when the new interns would be hired. Rather than decide, he ignored making the decision until the deadline past. In the conflict model of decision-making, it would appear that Ethan’s decision style is ______.

A. hypervigilance B. interdependence C. hypervigilance D. complacency

Business