You hear that a supplier's finances are "highly leveraged". This means that they have ________
a. a low sale to fixed asset ratio
b. a high debt to equity ratio
c. a high amount in outstanding accounts payables
d. a low cash flow level
b
You might also like to view...
Diageo PLC, V&S Vin & Spirit AB, and Seagram and other marketers know that Russians consume a great deal of vodka. This type of market segmentation can be classified as:
A) demographic. B) behavioral. C) psychographic. D) occupational. E) benefit.
Smithson Electrical Fixtures reported the following income statement for the year ended December 31, 2019.
Compute inventory turnover rate for the year. (Round to two decimal places.)
Compute days' sales in inventory for the year. (Round to two decimal places.)
Baughn Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$115 Units in beginning inventory 0Units produced 6,600Units sold 6,400Units in ending inventory 200 Variable costs per unit: Direct materials$26Direct labor$46Variable manufacturing overhead$7Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$105,600Fixed selling and administrative expense$51,200What is the unit product cost for the month under variable costing?
A. $79 per unit B. $88 per unit C. $104 per unit D. $95 per unit
A(n) __________ is created when two or more persons agree to place their money, labor, or skills in a business and to share the profits and losses
a. sole proprietorship b. general partnership c. S partnership d. C corporation