Traditional focus groups are much less expensive to conduct than online focus groups
Indicate whether the statement is true or false
FALSE
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The salesperson adviced the customer to purchase a color laserjet printer for the office. (present perfect)
What will be an ideal response?
Some analysts calculate the inventory turnover ratio by dividing sales, rather than cost of goods sold, by the average inventory. Which of the following regarding the inventory turnover ratio is/are not true?
a. Using sales in the numerator, will lead to incorrect measures of the inventory turnover ratio for calculating the average number of days that inventory is on hand until sale. b. As long as the ratio of selling price to cost of goods sold remains relatively constant, either measure will identify changes in the trend of the inventory turnover ratio. c. Using sales in the numerator, will lead to correct measures of the inventory turnover ratio for calculating the average number of days that inventory is on hand until sale. d. Choices a and b. e. None of the above.
On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $30,000; Supplies, $600; Equipment, $10,000; Accounts Payable, $8,500. What is the amount of owner's equity as of August 31 of the current year?
A. $32,100. B. $30,900. C. $49,100. D. $10,900. E. $12,100.
Independent demand items are typically ______.
A. finished products whose demand is determined by external marketing conditions B. intermediate products whose demand depends on the demand for finished products C. raw materials whose demand depends on the demand for finished products D. semifinished products whose demand depends on the demand for finished products