The difference between the current assets and current liabilities equals ___________________________?
a. gross profit
b. gross profit margin
c. working capital
d. working capital margin
e. current ratio
Answer: c. working capital
Business
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A certain product under development took 200 hours for the production of its 2nd unit and 180 hours for its 4th unit
a. What is the learning curve? b. How much time did the first unit take? c. How much time would the production of the 10th unit take? (Use both the formula and the Table E.3 approach. Do the two versions agree?)
Business
Automated order entry systems:
A) show goods from a single seller. B) increased the costs of inventory replenishment. C) are typically owned by the purchasing firm. D) no longer play an important role in B2B commerce.
Business