A market order to sell would be filled at the highest price available that day
Indicate whether the statement is true or false
F
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Income taxes payable are recognized as an expense once they are paid to the respective government or taxing authority
a. True b. False Indicate whether the statement is true or false
The DRP process typically begins at ______.
A. an intermediate point in the production process and then spreads outward B. the retail level (the farthest point of the outbound supply chain network) C. the supplier level (the point where resources are procured) D. the production design process
You have been hired as a consultant by Mary Dillon, CEO of Ulta Beauty, a $5.9 billion company that is the largest U.S. retailer of cosmetics. CEO Dillon has asked you to consider several related diversification options for Ulta based on the potential for good resource fits. You would advise CEO Dillon that a company pursuing related diversification exhibits resource fit when
A. each new line of business for Ulta could generate large internal cash flows over and above what is needed to build and maintain the business. B. each new line of business for Ulta could become a cash cow. C. each new line of business for Ulta could become sufficiently profitable to generate an attractive return on invested capital. D. the resource requirements of each new line of business for Ulta could be synergistic with the company's available resources. E. each new line of business for Ulta would add to a company's overall resource strengths and have matching resource requirements and/or could do so when Ulta has adequate corporate resources to support its business needs and add sufficient value.
Sales at East Corporation declined from $100,000 to $80,000, while net operating income declined by 300%. Given these data, the company must have had an operating leverage of:
A. 30 B. 12 C. 15 D. 2.7