The ranking approach involves the ranking of capital expenditure projects on the basis of some predetermined measure such as the rate of return
Indicate whether the statement is true or false
TRUE
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What criteria must sales transactions meet in order for the seller to recognize revenues before collecting cash?
a. The revenues must be earned (the firm must have achieved substantial performance). b. The amount to be received must qualify as an asset (there must be a future economic benefit and the amount must be measured with sufficient reliability). c. The firm must have a reasonable expectation that it will collect the amount owed from the customer. d. all of the above e. none of the above
________ refers to the collection, deployment, and interpretation of information that allows a business to acquire, develop, and retain customers.
A. Customer insight B. Market research C. Exploratory research D. Evidence-based decision making E. Predictive technology
Document scanning is when you look at a document for a key word and then highlight it
Indicate whether the statement is true or false
The following balance sheet information is provided for Gaynor Company: Assets Year 2 Year 1 Cash$4,000 $2,000 Accounts receivable 15,000 12,000 Inventory$35,000 $38,000 Assuming Year 2 cost of goods sold is $153,300, what is the company's inventory turnover?
A. 4.2 times B. 4.4 times C. 4.0 times D. None of these answers is correct.