The_____________the accounts receivable turnover ratio, the quicker the each dollar of accounts receivable can be collected
Fill in the blank(s) with correct word
higher or larger
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In marketing and sales messages, what is the primary difference between selling points and benefits?
A) Selling points are positive whereas benefits are not. B) Selling points focus on the user rather than the product. C) Selling points focus on the product rather than the user. D) Benefits are unrelated to the audience. E) Benefits focus on key features of a product.
A statement of stockholders' equity cannot take the place of a statement of retained earnings
Indicate whether the statement is true or false
The Fisher effect states that the real interest rate
A. is the only measure to use in calculating PPP. B. is the difference between the nominal rate and the inflation rate. C. is the nominal rate minus the expected inflation rate. D. is the nominal rate plus the recorded inflation rate.
Starcic Products, Inc., has a Connector Division that manufactures and sells a number of products, including a standard connector. Data concerning that connector appear below:?Capacity in units45,000?Selling price to outside customers$86?Variable cost per unit$57?Fixed cost per unit (based on capacity)$15The company has a Transmission Division that needs 6,000 special heavy-duty connectors per year. The Connector Division's variable cost to manufacture and ship this special connector would be $62 per unit. Making these special connectors would require more manufacturing resources. Therefore, the Connector Division would have to reduce its production and sales of regular connectors to outside customers from 45,000 units per year to 38,400 units per year.Required:As far as the
Connector Division is concerned, what is the lowest acceptable transfer price for the special connectors? What will be an ideal response?