Dividing Accounts receivable, net by Net sales and multiplying the result by 365 is the:
A. Current ratio.
B. Days' sales uncollected.
C. Accounts receivable turnover ratio.
D. Average accounts receivable ratio.
E. Profit margin.
Answer: B
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Pie charts are particularly useful for illustrating:
A) relative size or static comparisons B) items over time C) relationships found in the data D) ratio-scaled data E) flow of topics
How could Phil best respond to a "fax attack" and differentiate McCall Automotive positively from other dealerships?
A) Phil could respond to the fax with brief answers to all of the customer's questions. B) Phil could develop value-added solutions for the customer by building a relationship. C) Phil could refer the customer to other dealerships that typically have lower car prices. D) Phil could steer the customer to more expensive cars that have better safety records. E) Phil could refuse to match the fax attack price because quality cars demand high prices.
Labor and capital are exchanged in the resource market.
Answer the following statement(s) true (T) or false (F)
Which of the following is used to join an independent clause with a transitional expression
A) colon B) comma C) semicolon D) period