How is the accounts receivable turnover ratio computed?
A. Cost of goods sold ÷ Inventory
B. 365 days ÷ Net accounts receivable
C. Sales ÷ Net accounts receivable
D. Net accounts receivable ÷ Sales
Answer: C
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Consider the following management activities:? Choose the organization's long-term strategy. ? Plan and organize the use of resources into efficient operations. ? Implement plans and organizational change. ? Measure and report results. ? Define the organization's scale and scope of operations. Required:a. Identify the sequence in which the decisions must be carried out. Why is it important to carry out these activities sequentially?b. How can an effective cost management system support the above activities?
What will be an ideal response?
Earnings that are high quality would
a. be informative about current performance and provide information about the long-run sustainability of profits. b. be informative about past performance and provide information about the long-run sustainability of profits. c. be informative about current performance and provide information about the long-run sustainability of assets. d. be informative about past performance and provide information about the long-run sustainability of assets and liabilities.
The example given in the textbook for job enlargement stated that Kamal suggests the runners could help out in the kitchen during quiet periods, washing dishes or chopping vegetables. Similarly, the hosts could leave their stations when it’s not busy to collect glasses from tables for the bar staff, and perhaps the kitchen staff could swap duties now and then, or, following some training, take turns working as sous- chef for the night. This relates to which dimension of the job characteristics model?
a. Skill diversification b. Task significance c. Task identity d. Skill variety
The ________ the U.S. Constitution was used to strike down the definition of marriage as per the Defense of Marriage Act (DOMA)
A) First Amendment to B) Fourth Amendment to C) Supremacy Clause of D) Due Process Clause of