Which of the following would best indicate that the firm is carrying excess inventory?
a. A decline in sales
b. A decline in the current ratio
c. A decline in days' sales in inventory
d. A stable current ratio with declining quick ratios
e. A rise in total asset turnover
D
You might also like to view...
The percentage representing what a company earned from its assets is called __________.
Fill in the blank(s) with the appropriate word(s).
Research and development costs are
A) capitalized and depreciated over the period which they benefit. B) expensed as incurred. C) added to the cost of the invented product. D) added to the cost of the invented product if a reliable date of actual production is known.
Which type of culture is found in companies where employees tend to keep to themselves, avoid socializing, and work as individuals rather than part of a team?
a. Ethical b. Networked c. Fragmented d. Communal
More companies buy advertising ________ than in any other medium.
A. on network television B. in newspapers C. on cable television D. on radio E. in magazines