Umbero Nix, a garment manufacturing company, produces twenty thousand units of sweaters. These units are sold within three months and replenished with another twenty thousand units. In one year, Umbero Nix replaces its inventory of sweaters four times over. Umbero Nix most likely analyzes _____ to measure how many times its inventory is sold and replaced each year.
A. capital budgeting ratios
B. profitability ratios
C. leverage ratios
D. asset management ratios
Answer: D
You might also like to view...
Members of which generation are both individualistic and team players and seek more workâlife balance than did generations before them?
A. matures B. Generation Y C. boomers D. Generation X
Which of the following statements is true regarding depreciation expense?
A. Choosing the double-declining balance method over the straight-line method will produce a greater total depreciation expense over the asset's life. B. A company should use the depreciation method that best matches expense recognition with the use of the asset. C. A company using the straight-line method will show a smaller book value for assets than if the same company uses the double-declining-balance method. D. Different companies in the same industry always depreciate similar assets by the same methods.
In the context of physical distribution, explain the significance of transportation decisions.
What will be an ideal response?
Although slow to invest in IT, the______industry was actually a leader in adopting mobile and wireless technology
Fill in the blank(s) with correct word