Which location shift would qualify as forward placement?
A) from the manufacturer to a distribution center
B) from the retailer to the wholesaler
C) from the wholesaler to the manufacturer
D) from the retailer to the manufacturer
A
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A customer database is simply a listing of a customer's name, address, and phone number for credit reference
Indicate whether the statement is true or false
Internal use software costs are
A) always expensed. B) always capitalized. C) capitalized once the preliminary cost is completed. D) capitalized once the preliminary cost is completed and the software will be used to perform the function intended.
Which is the most liquid form of asset?
A) cash B) accounts receivable C) inventory D) supplies
A company reported the following data: ?Year 1Year 2Cost of goods sold$425,000$486,000Ending inventory140,000175,000Required:1. Calculate the days' sales in inventory for each year.2. Comment on the trend in inventory management.
What will be an ideal response?