A company has the following information:Net credit sales = $400,000Net income = $100,000Average total assets = $80,000Average accounts receivable = $20,000What is the company's average collection period (rounded to the nearest whole day)?
A. 5 days.
B. 9 days.
C. 18 days.
D. 73 days.
Answer: C
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Japan is a major exporter of manufactured goods, services, and investment funds. Japan also exports its goods to other types of economies for raw materials and semi-finished goods. This is an example of a(n) ________ economy
A) agricultural B) emerging C) industrial D) raw material exporting E) subsistence
In George’s model of authentic leadership, the central component or as he called it “true north” is ______.
A. relationships B. the leader C. compassion D. consistency
Which of the following was designed to help foster trade between nations?
A) tariffs B) GATT C) exchange controls D) quotas E) nontariff trade barriers
Bruce is a college chemistry major who has been invited to give a presentation for his younger brother’s high school chemistry class about what it is like to major in chemistry. He is asked to prepare about 10 minutes of information, but when he gets to the class, he is told the teacher is sick and there is a sub in charge. The sub asks if he can stretch his presentation to take up at least 30 minutes. What should Bruce do?
What will be an ideal response?