Ratio data indicate both rank and distance from a natural zero, with ratios of two measures having meaning

DHL is known for using a single transport mode to create its logistics solutions for its global customer base

Indicate whether the statement is true or false

The Blatz Brewing Company produces 25 million hectolitres of beer each year. To put this in perspective, California consumed that much beer last year. A sales forecast for Blatz is provided in the top row of the table

Blatz sells its beer at a wholesale price of US$85 per hectoliter. All sales are on account and 75% of receivables are collected after 1 month, while 25% are collected after 2 months. Blatz buys barley, hops and yeast one month before the sale. Raw materials cost 15% of the wholesale price of the beer. Blatz purchases its raw materials on account and pays its suppliers one month after the purchase. Average monthly overhead expenses are $35M (wages, salaries, heat, water, electricity, selling, general and administration). What are Blatz' net cash flows in March? Sales Forecast and Cash Budget Blatz Brewing Company January February March April Sales Forecast - millions of hectoliters 1 1 1.5 2 Sales Forecast - millions of dollars $85 $85 $128 $170 Collections from last month Collections from 2 months ago Total Cash Inflows Purchases from Suppliers Payments to Suppliers Overhead Expenses 35 35 35 35 Total Disbursements Net Cash Flow A) $11 B) $31 C) $38 D) $64 E) $68