Identify the subject in the sentence. A good supervisor always appreciates constructive feedback
supervisor
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Which of the following formulas gives the inventory turnover ratio?
a. Net credit sales/Average inventory b. Average inventory/Net credit sales c. Cost of goods sold/Average inventory d. Average inventory/Cost of goods sold
With the Five Forces Model, companies should watch the forces in the market. If the forces are strong, competition generally increases, and if the forces are weak, competition typically decreases.
Answer the following statement true (T) or false (F)
An installment note is a liability of the issuing company that requires a series of payments to the lender.
Answer the following statement true (T) or false (F)
Smalltown has two family-owned hardware stores that have been in business for years. Major Hardware decides that Smalltown would be a good place to build one of its superstores. Major opens, advertising unbelievably low prices; in fact, at below cost
Because Major owns stores nationally, it is able to keep prices extremely low until both of the family-owned stores have to go out of business because they cannot compete. After Major is the only hardware store in town, it raises its prices enough to make up for its former losses and to make some additional profit. Discuss this behavior in relation to antitrust law.