Assume an organization has total current assets of $200,000; total current liabilities of $75,000; inventories of $50,000; prepaid expenses of $25,000; net sales of $770,000; and beginning accounts receivable of $42,000 and ending accounts receivable of $44,000 . What is the quick ratio for this organization?
a. $125,000
b. 1.7
c. 17.9
d. 19.9
b
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A company producing cameras and video cameras prefers to focus its resources on a fast imitation program to reverse-engineer new features from competitors and add those, rather than implementing truly inventive features. Miles and Snow would call this company a(n)
A. reactor. B. prospector. C. analyzer. D. defender. E. imitator.
Repair bills for large machinery may include a flat fee for the visit to the company's premises plus additional labor charges per hour of repair work and various costs of replacement parts needed. What type of cost is the repair?
A) Selling cost B) Variable cost C) Fixed cost D) Mixed cost
After her colleague was fired for poor performance, Maria asserts that she had very little contact with him. She is using which type of impression management technique?
A. disclaimer B. account C. self-handicapping D. blaring
Unposted positions are collectively referred to as the _____ market.
Fill in the blank(s) with the appropriate word(s).