The sales-to-inventory ratio is ____
A) superior to the inventory turnover ratio.
B) a good comparison tool for determining financial performance
C) technically inferior to other commonly used ratios
D) satisfactory when used to make comparisons between the firm and the industry as a whole and was developed by the Dupont Corporation
C
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Xbrl
a. is the basic protocol that permits communication between Internet sites. b. controls Web browsers that access the Web. c. is the document format used to produce Web pages. d. was designed to provide the financial community with a standardized method for preparing e. is a low-level encryption scheme used to secure transmissions in higher-level (HTTP) format.
On the first day of January, Harris, Inc. borrowed $2,000 on a one-year note payable bearing interest at 7% per year. The note specifies that principal and interest must be paid in full at the end of the one-year period. On June 30, the adjusted trial balance will show Interest Payable of ________.
A) $70 credit B) $70 debit C) $140 credit D) $140 debit
To come into force, a treaty that has been negotiated by the president must:
a. be ratified by Congress. b. be approved by the Secretary of State. c. be approved by a majority vote of the House of Representatives. d. be approved by a two-thirds vote of the Senate.
The key to perceived-value pricing is to deliver more unique value than your competitors and to ________ this to prospective buyers.
Fill in the blank(s) with the appropriate word(s).