Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million
If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, what is the inventory turnover?
A) 12.50
B) 10.00
C) 42.00
D) 4.16
E) 20.00
A
Business
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The functions of a master production schedule are to:
I. plan material components. II. plan capacity requirements. III. keep priorities valid. A) I, II and III B) II and III only C) I and III only D) I and II only E) None of the above is a function of the MPS.
Business
A well-educated and trained employee is virtually guaranteed job security by today's employers. Therefore, he or she doesn't need to worry about keeping his or her skills current
Indicate whether this statement is true or false.
Business