Select the term from the list provided that best matches each of the following descriptions. The first is done for you.
What will be an ideal response?
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Use the selected data from Pinecrest Company's financial statements to answer the following question. 2017 2016 Cash $ 22,000 $ 14,000 Accounts receivable 42,000 16,000 Merchandise inventory 22,000 83,000 Prepaid expenses 23,000 18,000 Total current assets $109,000 $131,000 Total current liabilities $ 65,000 $ 72,000 Net credit sales 221,000 326,000 Cost of goods sold 168,000 299,000 Net cash
flow from operating activities 16,000 29,000 Refer to the data for Pinecrest Company. Competitors in Pinecrest Company's industry have an average accounts receivable turnover of 10.8 times. Pinecrest reported accounts receivable at December 31, 2017, of $42,000 and has normal credit terms requiring payment within 30 days. Pinecrest's accounts receivable turnover for 2017 is: a. probably indicating that the company probably has stricter credit terms and policies than the industry as a whole, which may repel potential buyers. b. of no value to bankers and other creditors. c. less efficient in its collection policies in 2017 than the industry as a whole. d. less than the industry, which means that its customers are paying on their accounts in a more timely manner than are customers reflected by the industry average.
Why should one study different theoretical perspectives about management? Give at least three reasons.
What will be an ideal response?
When organizations are involved in a crisis such as serious financial problems or public controversy, they should share the news with the public before informing employees
Indicate whether the statement is true or false
The ______ collaborative alliance with foreign firms within an international organization typically requires a contractual agreement and is often indicated by broader involvement.
A. informal B. formal C. joint ventures D. mergers