The immediately precipitating cause that forces a company into bankruptcy is usually
A. the failure to pay debt.
B. the failure to assess risk.
C. union problems.
D. shifts in market demand.
E. supplier problems.
Answer: A
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Which of the following statements does NOT apply to the North American Industry Classification System (NAICS)?
A) NAICS is a numerical coding of industries developed by NAFTA countries. B) NAICS can be used by firms to assess potential markets. C) NAICS replaced the Standard Industrial Classification (SIC) system. D) NAICS can be used to find new customers. E) NAICS is a consumer buying directory for North America.
As the quality of audiovisual presentations improves, the salesperson's importance will diminish
Indicate whether the statement is true or false
In a product-oriented layout, what is the process of deciding how to assign tasks to workstations?
A) station balancing B) process balancing C) task allocation D) assembly-line balancing E) work allocation
Pastel Paints Company uses the direct method for preparing its statement of cash flow
Pastel reports the following information regarding 2017: From the income statement: Sales Revenues, $267,000 Cost of Goods Sold, $210,000 Operating Expenses, $37,000 From the balance sheet: Beginning Balance Ending Balance Accounts Receivable $14,500 $18,300 Merchandise Inventory 23,500 17,800 Accounts Payable 6,100 13,800 Accrued Liabilities 4,700 1,800 What amount will be shown for collections from customers? A) $263,200 B) $270,800 C) $267,000 D) $32,800