Using the data given in Table 14-3, how many employees do we expect in location B one year from now?

A) 1000
B) 1400
C) 1500
D) 800
E) 700


D

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Which of the following statements regarding the operating cycle of a merchandising company is not true?

A. The operating cycle begins with the purchase of merchandise. B. The operating cycle is shortened by credit sales. C. The operating cycle can vary in length among different merchandising companies. D. The operating cycle sometimes involves accounts receivable. E. The operating cycle ends with the collection of cash from the sale of merchandise.

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