The strategic impetus for Tesla's forward vertical integration into dealerships and charging stations is
A. experiencing fewer disruptions in the delivery of the company's vehicles to end users.
B. broadening Tesla's product line.
C. gaining better access to Tesla's end users and better market visibility.
D. providing Tesla with access to resources and capabilities to achieve greater economies of scale.
E. being able to control the wholesale/retail portion of the automobile industry value chain.
Answer: C
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The Sarbanes-Oxley Act requires a company to guarantee that its financial statements are 100 percent accurate
Indicate whether the statement is true or false
Guttery Corporation has provided the following financial data from its balance sheet: Year 2Year 1Accounts receivable, net$112,000 $110,000 Inventory$174,000 $150,000 Total assets$1,236,000 $1,250,000 Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.The company's inventory turnover for Year 2 is closest to:
A. 6.00 B. 0.86 C. 5.56 D. 5.17
Which of the following is LEAST likely a result of shifts in the cultural and social environment?
A. BMW builds its new plant in South Carolina because of the willingness of "Sun Belt" workers to put in a "full day's work." B. A toy manufacturer recalls a playpen with a defective latch, and Toys 'R' Us stores removes the playpens from the shelf. C. Haagen-Dazs introduces a nonfat yogurt that is also "low cal." D. Sony recruits more women graduates for sales management positions. E. Domino's Pizza finds that demand for pizza delivered at home has expanded as more consumers are willing to pay for more convenience.
A company had $6,992,000 in net income for the year. Its net sales were $15,200,000 for the same period. Calculate its profit margin.
A. 117.1%. B. 85.4%. C. 46.0%. D. 53.9%. E. 217.1%.