The ratio of net sales to assets is calculated as ________
a. Net Sales / Total Assets
b. Average Total Assets / Net Sales
c. Current Assets / Current Liabilities
d. Net Sales / Average Total Assets
d
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Which of the following is an internal event?
A) Caddie salaries are paid by a country club. B) Dividends are distributed to a company's stockholders. C) Potatoes used in a fast-food restaurant are purchased. D) Products are transferred from the assembly area to the painting station.
The U.S. retailer with the highest annual dollar advertising expenditure is _____
a. Wal-Mart b. Home Depot c. Sears d. Kmart
Zhang Industries sells a product for $700 per unit. Unit sales for May were 400, and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.
A. $11,652. B. $8,768. C. $8,652. D. $5,768. E. $8,600.
What is the theory behind the incremental productivity method?
A. tallying the average number of sales calls needed to close each individual sale B. matching the sales force size to a given geographic area C. comparing the additional cost of one new salesperson to expected additional sales revenue D. estimating the number of products sold in relation to the size of the sales territory E. estimating the effect of additional sales on the motivation of the salesperson