Which of the following formulas gives the inventory turnover ratio?
a. Net credit sales/Average inventory
b. Average inventory/Net credit sales
c. Cost of goods sold/Average inventory
d. Average inventory/Cost of goods sold
c
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What type of scale uses words to indicate different gradations or levels of the respondent's opinion?
A) synthetic label metric scale B) natural label metric scale C) natural categorical scale D) closed-ended scale E) synthetic natural label scale
The recent global economic crisis has led to which of the following?
A) governments seeking to impose more constraints on capitalism B) governments seeking to eliminate constraints on capitalism C) governments seeking to increase the interdependence of developing economies D) governments seeking to eliminate the interdependence of developing economies