In a franchise, the franchisee invests some of their own money, while paying a percentage of sales to the franchiser
a. True
b. False
Indicate whether the statement is true or false
True
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Most proposals are delivered in writing after an oral presentation
Indicate whether the statement is true or false.
Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectively. Cash sales are normally 25% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of accounts receivable to be reported on the company's budgeted balance sheet for August.
A. $50,000. B. $150,000. C. $200,000. D. $52,500. E. $157,500.
The ________ ratio indicates the efficiency with which a firm uses its assets to generate sales
A) inventory turnover B) total asset turnover C) quick D) current asset turnover
A practice aimed at ensuring that purchased products or materials meet environmental objectives of the organization is referred to as _______.
a. ethical purchasing b. sustainable purchasing c. green purchasing d. environmental purchasing