______________________________ is a technique for ranking inventory items in a group based on the value, activity, sales, or other relevant metric for the items
Fill in the blank(s) with correct word
ABC analysis
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Typically, the collateral used for a mortgage is ________.
Fill in the blank(s) with the appropriate word(s).
The following information is available for the Starr Corporation: Sales$750,000Cost of goods sold450,000Gross profit300,000Operating income85,000Net income42,000Inventory, beginning-year71,200Inventory, end-of-year48,800Calculate the company's inventory turnover and its days' sales in inventory.
What will be an ideal response?
Which of the following statements concerning auto lemon laws is false?
A) Nearly all states have auto lemon laws. B) The owner usually is entitled to protection under the lemon laws if the defects cannot be repaired after 30 days in the repair shop. C) The owner usually is entitled to protection under the lemon laws if the defects cannot be repaired within 30 days of the initial complaint. D) Possible remedies under lemon laws include a new car or a full refund.
Suppose a U.S. importer purchases an Italian product today but will not pay for it for 90 days. The
cost of the product today is 30,000 euros. The spot exchange rate today is .6233 euros per dollar. If the U.S. importer does not hedge the position, which of the following spot exchange rates in 90 days will yield the highest returns? A) $1.4844 per euro B) 0.6833 euros per dollar C) $1.5387 per euro D) 0.6499 euros per dollar