Which of the following describes the cash budget?
A) It aids in planning to ensure the company has adequate inventory and cash on hand.
B) It captures the variable and fixed expenses of the business.
C) It depicts the breakdown of sales based on terms of collection.
D) It helps in planning to ensure the business has adequate cash.
D) It helps in planning to ensure the business has adequate cash.
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______ is a request to cooperate on the basis of friendship or as a personal favor.
A. Inspirational appeals B. Ingratiation C. Consultation D. Personal appeals
Working capital is a measure of:
A) solvency. B) profitability. C) liquidity. D) marketability.
Flanders Bar and Grill orders cleaning supply kits using the EOQ model. The restaurant estimates that it uses 525 kits per year. The purchase price per kit is $12 with an estimated carrying cost rate of 15%. The cost to place an order from the kit supplier is $10. What is the maximum inventory level that the restaurant should expect?
a. 212.5 b. 76.4 c. 525 d. 38.2
Real time location tracking of vehicles relies on
A) citizen band radios. B) vehicles. C) teamsters. D) global positioning systems.