A resignation letter typically includes a two-week notice. However, if you hold a management position, you should provide your employer a longer notice

Indicate whether the statement is true or false


True

Business

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Below is financial data for Fawnsworth Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Fawnsworth Industries. Based on this information, what is the accounts

receivable turnover for the current period? a. 10.0 times b. 12.5 times c. 11.1 times d. 14.3 times

Business

RFID (in a lean systems environment) can be used to?

a. Alert customers to price changes b. Detect material consumption and remotely trigger replenishments c. Signal the end of a production run d. RFID is not typically used in a lean systems environment

Business

How would a marketing manager determine a firm's retention rate?

A. by considering the revenues and costs of retaining customers over the long term B. by analyzing the firm's customer base as compared to the forecast in the firm's marketing plan C. by determining the percentage of existing customers that a firm keeps as compared to its total number of customers D. by determining the average profit margin for each of the firm's customers per year E. by figuring out the expense to the firm of attaining a new customer

Business

At Sunrise, Inc., Susan is responsible for accounts receivable and Mark is responsible for accounts payable. This is an example of:

a. an accounting assembly line b. mass production c. standardization of parts d. manufacturing e. the division of labor

Business