The times-covered ratio, which measures the degree to which managers use debt or equity to finance ongoing operations, is a type of ________ ratio.
A. profit
B. liquidity
C. current
D. activity
E. leverage
Answer: E
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Organizing marketing by the multinational organization model means
a. separate and autonomous programs are needed for each country b. ethnic market segments do not merit treatment as mini-nations c. a single universal strategy can fit every nation d. programs for the poor should be the same worldwide e. the marketing function is headquartered in a single country
At Jacobson Company, indirect labor is a variable cost that varies with direct labor-hours. Last month's performance report showed that actual indirect labor cost totaled $5,780 for the month and that the associated spending variance was $245 F. If 24,100 direct labor-hours were actually worked last month, then the flexible budget cost formula for indirect labor must be (per direct labor-hour):
A. $0.25 B. $0.35 C. $0.20 D. $0.30
The ability of human experts to analyze their own knowledge and its effectiveness, learn from it, and improve on it for future consultations is known as a ________
Fill in the blanks with correct word
A strategy used to add new businesses that produce unrelated products or are involved in unrelated markets and activities is called a ________ strategy.
A. differentiation B. concentric diversification C. conglomerate diversification D. concentration E. vertical integration