It is important that disaffirmance be timely
Indicate whether the statement is true or false
True
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Giorgio had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory of $1,965 million. Its inventory turnover equals:
A. 76.1 days. B. 4.79. C. 0.21. D. 4.51. E. 80.9 days.
Vanguard's success is measured by which of the following?
a. Low redemption rates b. High redemption rates c. Low customer turnover d. High customer turnover e. Portfolio stability
Shaffer's Ltd. leases a clothing store from Haimish Holdings Ltd. By the terms of the lease the landlord is to make repairs. The roof leaks but Haimish refuses to fix it. Which of the following can Shaffer's do?
A) withhold the rent until the landlord fixes the roof B) have the roof fixed and deduct the cost from the next rent, but it must pay the balance C) bring a court action to have the landlord do the repairs D) immediately terminate the lease E) none of the above
Use the information in Table H.3. What is the normal time for the complete cycle?
A) fewer than 85 seconds B) greater than or equal to 85 seconds but fewer than 95 seconds C) greater than or equal to 95 seconds but fewer than 105 seconds D) greater than or equal to 105 seconds