To measure the average number of days required to sell inventory, divide
a. 365 by the merchandise inventory turnover; b. average total inventory by 365; c. net sales by average total inventory; d. net sales by the merchandise inventory turnover; e. 365 by the current ratio.
A
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Which of the following is an organizational factor that influences business buyers?
A) technology B) company procedures C) employee attitudes D) employee motives E) group dynamics
To become an ethical expert ______.
A. learn in a well structured environment B. practice ethical problem solving C. learn from previous ethical experts D. all of these
What are the critical drivers of industry profitability?
The opportunity cost of making a component part in a factory with no excess capacity is the: (CMA adapted)
A. fixed manufacturing cost of the component. B. total manufacturing cost of the component. C. net benefit foregone from the best alternative use of the capacity required. D. variable manufacturing cost of the component.