Volume often has a significant positive relationship with unit costs due to economies of scale
Indicate whether the statement is true or false
FALSE
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The means used to motivate others and achieve one's goals plays a key role in distinguishing between:
A. effective leaders and ethical leaders. B. informal leaders and formal leaders. C. silent leaders and ethical leaders. D. silent leaders and visible leaders.
Which of the following is an advantage of credit cards?
A) They make it easy to lose control of spending. B) In general they are an expensive way to borrow money. C) They allow the consumer the ability to rent cars and make online reservations. D) Using them means you will have less spendable money in the future.
Can Panama issue a bond denominated in dollars at the same terms (that is, at the same yield) as the U.S. government? Why or why not?
What will be an ideal response?
Excerpts from Colter Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$90 $120 Accounts receivable, net 100 110 Inventory 170 160 Prepaid expenses 40 40 Total current assets$ 400 $ 430 Total current liabilities$ 320 $ 290 Sales on account in Year 2 amounted to $1,210 and the cost of goods sold was $720.The inventory turnover for Year 2 is closest to:
A. 0.94 B. 1.06 C. 4.24 D. 4.36