Unsought products are products that the customer usually buys frequently, immediately, and with a minimum of comparison and buying effort
Indicate whether the statement is true or false
FALSE
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An organization's _____ is defined as a more specific goal than the organization's purpose that unifies company-wide efforts, stretches and challenges the organization, and possesses a finish line and a time frame.
a. a single-use plan b. mission statement c. strategic objective d. vision statement
Answer the following statements true (T) or false (F)
1) A high rate of inventory turnover indicates difficulty in selling inventory. 2) Inventory turnover measures the number of times a company sells its average level of merchandise inventory during a period. 3) Companies try to manage their inventory levels such that they will have just enough inventory to meet customer demand without investing large amounts of money in inventory or having it sit on the shelves gathering dust. 4) Inventory turnover is computed by dividing average merchandise inventory by cost of goods sold.
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method?
A) depreciation expense B) an increase in inventory C) a gain on the sale of equipment D) dividends declared and paid
List and explain the three prescriptions to developing a good presentation strategy
What will be an ideal response?