A firm's accounts receivables are $1,000,000; its net sales are $16,000,000 . Its collection period is _____ days
a. 6
b. 23
c. 30
d. 67
b
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Describe the structure of a typical, non-fragmented market with examples for each segment
What will be an ideal response?
All costs that do not vary with the size of the order but are incurred each time an order is placed are referred to as
A) the material cost and are denoted by C. B) the fixed ordering cost and are denoted by S. C) the holding cost and are denoted by H. D) the purchase price and are denoted by P.
Southeast Wood Products, Inc reports sales of $20,000,000 and inventory of $4,000,000. Southeast's
inventory possesses significant economies of scale. Therefore, if the firm's sales increase by 10%, Southeast's inventory will ________ and if Southeast's sales decrease by 10%, Southeast's inventory will ________. A) decrease by more than 10%; decrease by more than 10% B) increase by more than 10%; decrease by less than 10% C) increase by less than 10%; decrease by less than 10% D) increase by more than 10%; increase by more than 10%
.19 written as a percent would be 19%?
Indicate whether the statement is true or false