Lambert's Auto Mart had a beginning inventory of $1,400,800 . purchases of $3,001,300 . and an ending inventory of $1,600,500 . Compute the inventory turnover when inventory and purchases are at retail
1.87 times
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Ron and several fellow workers of Vicy, Inc., a small manufacturing company, wished to organize a union. When Vicy learned of this activity, it issued a bulletin to all workers stating that a union would only hurt the company and that "we are a family that can solve any problems ourselves -- we do not need union activists from outside our company trying to tell us what to do!" Which statement is correct concerning the bulletin issued by Vicy?
A. Vicy has committed an unfair labor practice. Vicy must remain neutral during the organizing drive. B. Vicy has committed an unfair labor practice. The bulletin constitutes outrageous interference with the union organizing campaign. C. Vicy has not committed an unfair labor practice. An employer may vigorously present anti-union views to its employees. D. Whether Vicy has committed an unfair labor practice depends on whether the bulletin was approved by the NLRB.
Firms with short operating cycles will experience less of a lag between the creation and delivery of their products and the collection of cash from customers because
a. their cash flow from operations will be much greater than their working capital from operations. b. their cash flow from operations will not differ much from their working capital from operations. c. their cash flow from operations will be much less than their working capital from operations. d. there will be no relation between their cash flow from operations and working capital from operations.
Which of the following is an example of how e-cards can be used appropriately in a business situation?
a. To extend sympathy in the loss of a loved one b. To inform clients of an upcoming move of a corporate office c. To thank donors who have made significant financial contributions to a fund-raising campaign d. To remove a client from a list of business associates
Which of the following may NOT be considered a firm’s competitive strategy?
a. lowering the firm’s costs b. growing the firm’s business c. avoiding quality inspections d. accessing new sources of materials and resources