Cash equivalents include money market accounts, commercial paper, and U.S. Treasury bills
Indicate whether the statement is true or false
True
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Below is financial data for Computech Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Computech Industries. Based on this information, what is the accounts
receivable turnover for the current period? a. 10.0 times b. 12.5 times c. 11.1 times d. 14.3 times
Last week, Andrew, who works for a beverage distributor, made his first sale at a new restaurant. Today, Andrew plans to stop by the restaurant to make sure that the order has arrived and that the staff is ready to sell the new products
Andrew is in the ________ step of the personal selling process. A) approach B) overcome objections C) preapproach D) close the sale E) follow-up
At Trainke Automotive Supply, Inc, when a part breaks down in the warehouse, the floor worker reports it to the supervisor who reports the break to the warehouse manager, who then selects a vendor to come and repair the equipment, often based on the
supervisor's recommendations of what vendor has responded the quickest and done the best work in the past. The supervisor and manager both rely on floor workers to keep vigilant watch over the equipment they work with daily. This is an example of: a. team member roles b. role differentiation c. buying situations d. value management system
Define undue influence and name some of the relationships that would be affected