Where can the amounts needed to compute the accounts receivable turnover ratio be found?

a. The income statement
b. The balance sheet
c. The statement of cash flows
d. Both (a) and (b).


d

Business

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The Environmental Protection Agency (EPA) has the authority to require that a hazardous waste site be cleaned up by those persons who were responsible for it, either as the owner or operator of the site, a transporter of wastes to the site, or the owner of wastes deposited at the site.

Answer the following statement true (T) or false (F)

Business

At the beginning of the quarter, Mohammed sat down with his manager and set three goals for the next 3 months. The achievement of each goal will depend on Mohammed. No one else in his work group can affect the work toward the goal. Which advantage of individual incentives does this illustrate?

A. They make it easy to evaluate employee’s effect on team. B. They offer the ability to match rewards to employee desires. C. They promote the link between performance and results. D. They may motivate less productive employees to work harder.

Business

A ________ activity is one that is necessary to meet customer requirements

a. value-added b. backflush c. non-value-added d. just-in-time

Business

To accurately determine the financial performance of a company, it is necessary to compare its performance from year to year, with a competing company, and with the same industry as a whole

Indicate whether the statement is true or false

Business