Which of the following organizational positions is a part of an organization's top management team?
A) functional manager
B) executive vice president
C) divisional manager
D) plant supervisor
B
Business
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Gross profit margin is the dollar amount of gross profit expressed as a percentage of gross sales
Indicate whether the statement is true or false.
Business
Use this information to answer the following question. Oct. 1 Inventory 200 units @ $12.00 6 Purchase 300 units @ $13.20 13 Purchase 100 units @ $14.40 20 Purchase 200 units @ $15.60 25 Purchase 40 units @ $16.80 Total sales 620 units A periodic inventory system is used. Using FIFO, the cost assigned to ending inventory is
A) $8,112. B) $2,664. C) $3,480. D) $8,928.
Business