How long a company holds inventory before selling it can be measured by dividing cost of goods sold by the average inventory balance to determine the:

A. Price earnings ratio.
B. Inventory turnover.
C. Accounts receivable turnover.
D. Days' sales uncollected.
E. Current ratio.


Answer: B

Business

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Compute the net cash provided by (used for) operating activities.

Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:



Additional information provided by the company includes the following:
1. Current assets, other than cash, increased by $20,000.
2. Current liabilities decreased by $1500.

A) $26,700
B) $40,700
C) $35,600
D) $11,700

Business

Answer the following statements true (T) or false (F)

1. Side-by-side seating indicates cooperation, while face-to-face seating indicates competition. 2. Nonverbal behavior is the predominant form of communication in negotiation. 3. In the United States, the accepted practice in negotiations is to begin with a general conversation on neutral topics. 4. Negotiators are expected to make an equal number of concessions in negotiations as their opponents do.

Business

DeWanda's business spent a large amount of time determining its brand image and how it would deliver its message to its customers. These are elements of ________.

A. strategic marketing B. Marketing (Big M) C. the supply chain D. stakeholder relations E. marketing (little m)

Business

An employer threatening to close an organization because employees of an organization formed a union is considered an unfair labor practice

Indicate whether the statement is true or false

Business