Each year, shareholders receive a dividend equal to the firm's net earnings divided by the number of shares of common stock

Which of the following is an advantage of organizing the sales force by geography?

A) cost-efficiency B) salespeople with in-depth product knowledge C) salespeople with in-depth industry knowledge D) stronger relationships with a company's most important customers E) multiple salespeople calling on one customer

A firm's quick ratio equals 1.5 . This means that _____

a. liquidity is very high b. the firm's collection period is poor c. the firm is in financial difficulty d. financial leverage is too high