Given the following information, calculate the inventory turns
Sales = $200,000,000
Cost of sales = $160,000,000
Average inventory = $40,000,000
Carrying cost = 12%
A) 0.20 B) 0.25 C) 5.0 D) 4.0
D
Business
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__________ communication flows upward and downward in the organization
a. external b. horizontal c. informal d. vertical
Business
Under the optional illegal occupation provision, which of the following applies if a loss occurs while the insured is participating in a felony or an illegal occupation?
A) The insurer is not liable for that specific loss. B) Benefits are reduced by an amount specified in the policy. C) The policy is voided, as if it were never issued. D) The insured's policy is automatically canceled.
Business