Companies with high inventory turns, which replenish inventory levels more frequently, have more cash tied up in inventory, which means that those funds cannot be used elsewhere.

a. true
b. false


b. false

Business

You might also like to view...

When a negotiator is dealing with an opponent with more power, the negotiator may try to correct the power imbalance. There are three approaches to make this possible. What are the three approaches?

What will be an ideal response?

Business

Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.

A.

Accounts Receivable1,000 
Unearned Catering Revenue 1,000

B.
Unearned Catering Revenue1,000 
Catering Revenue 1,000

C.
Catering Revenue1,000 
Accounts Receivable 1,000

D.
Accounts Receivable1,000 
Catering Revenue 1,000

E.
Accounts Payable1,000 
Catering Revenue 1,000

Business

Examples of organizational teams can include all of the following except ______.

A. task force B. work unit C. quality team D. project manager

Business

You researched the potential employer prior to your interview. During the actual interview, you should

A) bring up information about the company if the opportunity arises naturally in the conversation. B) tactfully mention that you researched the company before the interviewer asks you any questions.. C) wait for the interviewer to ask what you know about the company. D) avoid mentioning any information about the company unless the interviewer asks a direct question.

Business