For their last fiscal year, the Short Company reported the following information. What is the accounts receivables turnover rate?
A) 0.8
B) 2.8
C) 4.5
D) 7.3
Answer: D
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In the case of direct involvement, a company that wants to enter a competitive market should ________
A) establish franchised outlets in the new market B) approach retailers selling substitute products in the new market C) approach retailers selling complementary products in the new market D) establish bonds with distributors or wholesalers in the new market
When a company uses "house of brands" strategy, the brands introduced by the company are known as:
A) co-brands. B) corporate parent brands. C) ingredient brands. D) distinct product brands.
Prospects want to do business with salespeople who know their business and the products they sell.
Answer the following statement true (T) or false (F)
Which of the following is not a method for allocating service department costs?
a. step method b. indirect method c. direct method d. algebraic method