Cost of goods sold divided by average inventory is the formula for which of these analytical measures?
A. Inventory turnover
B. Number of day's sales in inventory
C. Debt to assets ratio
D. Return on investment
Answer: A
You might also like to view...
When Crest is featured as a "cavity fighter" in its advertising competitors aren't likely to make the same claim. This is an example of which form of cognitive message strategy?
A) generic B) preemptive C) hyperbole D) comparative
As a result of tests of controls, an auditor over relied on internal control and decreased substantive testing. This overreliance occurred because the true deviation rate in the population was:
A. less than the deviation rate in the auditor's sample. B. more than the deviation rate in the auditor's sample. C. less than the risk of assessing control risk too low on the auditor's sample. D. more than the risk of assessing control risk too low on the auditor's sample.
When setting salespeople's compensation level,
A. order takers should be paid more than order getters. B. the first step is to write job descriptions. C. a clause on bargaining must be included. D. salespeople should be the highest-paid employees in the company. E. a company should pay everyone at least the going market wage for order getters.
Which of the following countries is not a monochronic country?
A) Norway B) Sweden C) Finland D) United States