If a firm has $400,000 in credit sales and $80,000 in average accounts receivable, accounts
receivable turnover is
A) 32. B) 48. C) 5. D) 0.20.
D
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The payback method of evaluating an investment fails to consider how long the investment will generate cash inflows beyond the payback period.
Answer the following statement true (T) or false (F)
Those who argue in favor of import protection generally give the impression that such restricted trade will
a. decrease the level of national security. b. provide benefits to some particular industry. c. provide benefits to the entire nation. d. not yield welfare losses for the nation.
When multiple products are produced and sold, a change in the sales price of one product may cause a change in the sales mix of the firm
Indicate whether the statement is true or false
The international division structure
A. is usually adopted before a firm begins expanding into international markets. B. usually has the international division responsible for all overseas activity. C. usually has the international division reporting to the domestic division. D. is only used during the early stages of internationalization; large multinationals change their structure to global, regional, or matrix structures. E. is the most inefficient of the structures.