Workplace teams may be created formally or informally

Indicate whether the statement is true or false.

True

Business

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Based on the information in Table 4-2, the inventory turnover ratio is

A) 2.37 times. B) 4.43 times. C) 1.29 times. D) 2.99 times.

Business

The spot exchange rate is 1.57 dollars per pound. The 30-day forward exchange rate is .6211

pounds per dollar. The percent-per-year discount on the 30-day pound is A) 32.77%. B) 45.93%. C) 30.57%. D) 48.00%.

Business