What is the total sales a business should generate if it must obtain a net profit of $125 million at a sales return of 20%?
A) $1.25 billion
B) $250 million
C) $2.5 billion
D) $625 million
E) $750 million
D
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A global company can leverage its experiences in any market in the world
Indicate whether the statement is true or false
If Mussel Company has working capital of $540,000 and a current ratio of 3 to 1, the amount of current assets is:
a. $540,000 b. $810,000 c. $270,000 d. $405,000
Which of the following is most likely a key organizational design characteristic suitable for global marketing?
A) a flat organizational structure B) a top-bottom one-way communication hierarchy C) a multilayered internal structure D) a hierarchy with a strong control over subordinates
The post-closing trial balance would not include which of the following accounts?
A) Unearned Legal Fees B) Accumulated Depreciation-Office Equipment C) Dividends D) Retained Earnings