Classic Car Dealers has an average of 150 cars in inventory. They sold 3000 cars this past year. Assuming 365 days in a work year, how many days' worth of inventory do they carry on average?
A) 10 days
B) 15 days
C) 18 days
D) 25 days
C) 18 days
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Suppose you have a 20 percent probability of having your cash lost or stolen, and you spend $25 each day. Your total cost of holding cash is (182.50/T) + (3.75 ×T). a.What is your cost of going to the ATM? b.What is the nominal interest rate? c.How often will you go to the ATM to minimize your costs?
What will be an ideal response?
Mini-Case Question. Dow developed a digital marketing channel for its more price-sensitive customer segment. Which operational component of the channel performance did Dow improve?
A) product quality B) after-sales service C) customer reach D) sales margins E) net price
Because a business should have as its primary objective the earning of a minimum rate of return on assets, the return on assets pricing method has a great deal of appeal and support
Indicate whether the statement is true or false
The Securities and Exchange Commission (SEC) has given the task of setting GAAP to the:
A. AICPA. B. IASB. C. FASB. D. APB. E. AAA.