The adjustment for changes in operating working capital accounts depends in part on a firm's rate of growth. Rapidly growing firms usually experience significant increases in
a. accounts receivable, only.
b. inventories, only.
c. accounts receivable and inventories.
d. neither accounts receivable, nor inventories.
e. none of the above
C
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Newport Company has sales of $2,025,000 for the current year. The book value of its fixed assets at thebeginning of the year was $550,000 and at the end of the year was $800,000 . The fixed asset turnover ratio forNewport is
a. 3.0 b. 3.6 c. 2.5 d. 3.7
Was it (she, her) who answered the phone?
What will be an ideal response?
In which stage of the personal selling process would a salesperson say, "I'm able to give you a low introductory price if you place your order by the end of the week"?
A) preapproach B) close the sale C) prospecting D) overcoming objections E) follow-up
Form W4:
a. is the Employee's Allowance Certificate. b. is what the employer will send to the U.S. Internal Revenue Service. c. All of the answers are correct. d. tells your company's payroll department how much money to withhold from your paycheck each pay period for federal and state income taxes.