When there is a high inventory turnover, there is an increase in sales because
A. new merchandise is continually available to customers.
B. more money is available to buy new merchandise.
C. price points are set higher to accommodate for potential sales loss.
D. the merchandise begins to look shopworn.
E. sales are increased by reducing prices.
Answer: A
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Consider Figure 2.2. In the absence of trade, Canada would produce and consume
a. 8 televisions and 16 refrigerators.
b. 12 televisions and 16 refrigerators.
c. 8 televisions and 12 refrigerators.
d. 12 televisions and 8 refrigerators.
Which of the following is true of the dependent variable in regression analysis?
A) used to predict the independent variable, and it is the x in the regression formula B) used to predict the independent variable, and it is the y in the regression formula C) predicted, and it is usually termed x in the regression formula D) predicted, and it is usually termed y in the regression formula E) predicted by the categorical variable, termed i, in the regression formula
A professor photocopies fifty copies of a copyrighted chart to distribute to his students in class. This is a clear violation of the Copyright Act
a. True b. False Indicate whether the statement is true or false
The price/earnings ratio shows the market price of $1 of earnings
Indicate whether the statement is true or false