Use the information in Scenario 9.11. What reorder point should the firm use for this product?
A) greater than 0 but less than or equal to 150,000 units
B) greater than 150,000 units but less than or equal to 300,000 units
C) greater than 300,000 units but less than or equal to 400,000 units
D) greater than 400,000 units but less than or equal to 500,000 units
E) greater than 500,000 units
E
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The best leaders show appreciation provide rewards and use various approaches to motivate people in positive ways. This is know as
A) Challenging the process B) Inspiring a shared vision C) Enabling others to act D) Modeling the way E) Encouraging the heart
Assume that net working capital and all of the costs of Fake Stone, Inc. increase directly with sales. Also assume that the tax rate and the dividend payout ratio are constant. The firm is currently operating at full capacity. What is the external financing need if sales increase by 4 percent?
A. -$1,214.48 B. -$804.15 C. -$397.19 D. $201.16 E. $525.38