Selected information from the accounting records of Carbine Manufacturing follows: Net sales ............................................. $2,900,000 Cost of goods sold .................................... 1,900,000 Inventories at January 1 ............................. 572,000 Inventories at December 31 ............................ 476,000 What is the number of days' sales in average inventories
for the year?
a. 132
b. 109
c. 101
d. 66
C
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A) Assumptions B) Consequences C) Hypotheses D) Assertions E) Objectives
Which statement is not true about principal components analysis (PCA)?
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The fact that corporations' shares are easily traded within the market has a net effect of acting as a disincentive for managers to favor the interests of shareholders over their own interests
Indicate whether this statement is true or false.
Which of the following is not a precipitating event that Zahra identifies as motivating the decision to act entrepreneurially?
a. market instability b. competitive threat from rivals c. new demand for a firm's products d. a big increase in earnings