Spring Market has an inventory turnover ratio of 15 times. Fall Market has a turnover of 14 times. Fall is more effective in managing inventory
a. True
b. False
Indicate whether the statement is true or false
False
Business
You might also like to view...
The premium on bonds payable account would be classified as a(n)
a. current liability. b. adjunct-liability. c. contra-liability. d. noncurrent liability.
Business
The _____ is the most important part of any computer.
A. external storage B. central processing unit C. monitor D. ROM
Business
Which of the following is NOT a profitability measure that is used to compare companies of different sizes?
A) earnings per share B) rate of return on common stockholders' equity C) price/earnings ratio D) outstanding common stock ratio
Business
In the automobile industry during the late 1980s and early 1990s, the order-winning quality criterion was ______.
A. quality B. cost C. volume D. materials used
Business