To calculate payables turnover, an increase in merchandise inventory must be added to cost of goods sold before dividing by average accounts payable
Indicate whether the statement is true or false
True
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The first step in a purchase decision according to the hierarchy of effects model is:
A) awareness B) liking C) preference D) conviction
A(n) _______ analysis is used to determine which of two or more potential solutions would be best for a company.
What will be an ideal response?
First Communications Group is a communication services firm whose employees provide advertising, market research, public relations, and other services world-wide. Other than relatively small amounts of equipment, it owns virtually no property, plant, and equipment (it leases most of its office space). Which of the following is/are true?
a. First Communications Group has a low fixed asset intensity. b. First Communications Group has a low debt-equity ratio. c. First Communications Group creates value from employees' services, not from operating assets, so there is neither the need nor the ability to borrow long-term using property, plant, and equipment as collateral. d. all of the above are true e. none of the above
The direct organizational pattern should be used when writing to an audience that will be unwilling, uninterested, displeased, disappointed, or hostile
Indicate whether the statement is true or false