Which of the following industries has the highest average inventory turnover ratio?
A) Retail clothing stores
B) Jewelry stores
C) Automobile dealerships
D) Supermarkets
Answer: D
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Which of the following is the formula for payback period?
A. Initial investment / increased cash flow per period. B. (Average annual income from IT initiative) / (Total IT initiative investment cost). C. CFt / (1 + r)t D. Increased cash flow per period / initial investment.
A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $150,000. The present value of the future cash flows is $145,000. Should they invest in this project?
A) yes, because net present value is +$5,000 B) yes, because net present value is -$5,000 C) no, because net present value is +$5,000 D) no, because net present value is -$5,000
MotorCo Inc makes and sells auto parts to retail repair services, vehicle sales outlets, and consumer parts stores. On one MotorCo box is a label that reads "Contains one gross (144) sparkplugs, assorted sizes.". This statement is
a. an implied warranty of fitness for a particular purpose. b. an implied warranty of merchantability. c. an express warranty. d. none of the choices.
Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 61, 36, 32, 36, 87, and 56?
A. 10
B. 11
C. 12
D. 13