Ceramics Distributing Co. wants to keep its inventory low. Which of the following would be LEAST likely to encourage customers to take over more responsibility for the storage function?
A. offering a noncumulative quantity discount
B. offering a cumulative quantity discount
C. offering a seasonal discount
D. offering a stocking allowance
Answer: B
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The balance sheet of Sound Designs reports total assets of $750,000 and $800,000 at the beginning and end of the year, respectively. Sales revenues are $1.5 million ($1.2 million in the previous year), net income is $150,000, and net cash flows from operating activities are $175,000. What is Sound Designs' asset turnover?
A. 2.0 times. B. 0.5 times. C. 1.9 times. D. 1.7 times.
Alexis has a talent that allows her to work at a few different companies at once. She is hired by each organization to perform a project or task. Once in a while, her projects are similar in nature and she is able to get paid almost double for the same work. Alexis is working as a ______.
A. free agent B. flextime worker C. part-time worker D. telecommuter
Which of the following is intensity in the motivation process?
A. what a person does B. how hard a person works C. how long a person works D. how smart a person works
The probability distribution for the number of goals the Lions soccer team makes per game is given below. NumberOf Goals Probability 0 0.05 1 0.15 2 0.30 3 0.25 4 0.15 ? What is the probability that in a given game the Lions do not score more than 2 goals?
A. 0.20 B. 0.50 C. 1.0 D. 0.70