An inventory turn ratio of 25 means a company’s average quantity of goods in inventory sold within how many days?

Which of the following best describes the corporate governance responsibilities of members of the board of directors?

A. Establish long-term strategic objectives for the company. B. Ensure that at board meetings no subject is undiscussable and dissent is regarded as an obligation. C. Ensure that the board negotiates with the company over all matters such as compensation.

On a settlement statement, the cost of the lender's title insurance policy required for a new loan is usually shown as a

A. credit to seller B. debit to seller C. credit to buyer D. debit to buyer