It takes K's Boutique an average of 53 days to sell its inventory and an average of 16.8 days to collect its accounts receivable. The firm has sales of $942,300 and costs of goods sold of $692,800. What is the accounts receivable turnover rate?

Which of the following costs is most likely associated with the commercialization stage of new product development?

A) building or renting a manufacturing facility B) paying groups of target customers for product feedback C) determining the product's planned price, distribution, and marketing budget D) developing a prototype of the product E) identifying target markets

What is the similarity between direct and indirect formats for recommendations?

A) Both position the recommendation in the same place. B) Both omit mention of potential objections. C) Both specifically identify the proposal in the subject line. D) Both begin with information putting the situation in context. E) Both conclude with a call to action.