When preparing a slide deck presentation, apply the 10/20/30 rule and the 6-x-6 rule
Indicate whether the statement is true or false
False
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A company with income before income taxes of $194,000, and $20,000 in interest expense, has an interest coverage ratio of
A) 10.7 times. B) 8.7 times. C) 9.7 times. D) 1.1 times.
Word choice is
a. unimportant. b. includes using acceptable jargon. c. a common communication barrier. d. all of these choices.
On April 24 of the current year, The Memphis Pecan Company experienced a tornado that destroyed the company's entire inventory. At the beginning of April, the company reported beginning inventory of $228,350. Inventory purchased during April (until the date of the tornado) was $199,400. Sales for the month of April through April 24 were $644,100. Assuming the company's typical gross profit ratio is 50%, estimate the amount of inventory destroyed in the tornado.
A. $322,050 B. $213,875 C. $105,700 D. $158,588 E. $216,350
Using a third party requires a firm to share demand information and in some cases intellectual property. This risk would be described as
A) leakage of sensitive data and information. B) underestimation of the cost of coordination. C) reduced customer/supplier contact. D) loss of internal capability.