Question and answer
If management wishes to know how well a business’s inventory is moving, they could use the A. accounts receivable turnover. B. inventory turnover. C. acid test ratio. D. current ratio.
If management wishes to know how well a business’s inventory is moving, they could use the inventory turnover.
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Question|Asked by sheaemi
Asked 5/5/2015 12:50:55 PM
Updated 9/18/2016 11:07:13 AM
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If management wishes to know how well a business’s inventory is moving, they could use the inventory turnover.
Added 9/18/2016 11:07:13 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/18/2016 5:13:00 PM]
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Questions asked by sheaemi
A maintenance department would be an example of a A. cost center. B. direct expense. C. profit center. D. None of the above
Question|Asked by sheaemi
Not Answered
Updated 3/27/2016 3:43:42 AM
1 Answer/Comment
A maintenance department would be an example of a cost center.
Added 3/27/2016 3:43:42 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/27/2016 9:24:05 AM]
When a company tracks gross profit by department, the sales journal will A. not differ from a company that doesn’t track gross profit by department. B. have a separate column for accounts receivable for each department. C. have a separate column for sales for each department. D. have a column for purchases for each department.
Question|Asked by sheaemi
Updated 12/6/2016 5:58:06 AM
1 Answer/Comment
When a company tracks gross profit by department, the sales journal will have a separate column for accounts receivable for each department.
Added 12/6/2016 5:58:06 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/6/2016 6:38:37 AM]
Debt management ratios measure A. how effectively a company is using its cash. B. how well a company is using debt versus equity position. C. a company’s ability to earn profit. D. a company’s ability to meet payable obligations.
Question|Asked by sheaemi
Not Answered
Updated 5/27/2016 11:46:43 AM
1 Answer/Comment
Debt management ratios measure how well a company is using debt versus equity position.
Added 5/27/2016 11:46:43 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/27/2016 11:54:26 AM]
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