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NEW QUESTION: 1
Vendor-managed inventory is most appropriate for which of the following types of products?
A. Standard design products with low value
B. Complex design products with low value
C. Long lead-time components with medium value
D. Critical components with high value
Answer: A
NEW QUESTION: 2
An analyst has gathered the following information about a firm: Quick ratio of .25, Cash ratio of .20, $2 million in marketable securities, $10 million in cash. What is their receivables balance?
A. $5 million.
B. $1 million.
C. $3 million.
Answer: C
Explanation:
Cash ratio = (cash + marketable securities)/current liabilities .20 = ($10,000,000 +
$ 2,000,000)/current liabilities current liabilities = $12,000,000/.2 = $60,000,000 Quick ratio = [cash + marketable securities receivables]/$60,000,000 .25 [$10,000,000 $2,000,000 + + = + receivables]/$60,000,000 ($60,000,000)(.25) = $12,000,000 + receivables $15,000,000 = $12,000,000 + receivables $15,000,000 - $12,000,000 = receivables $3,000,000 = receivables
NEW QUESTION: 3
Which of the following about an established LDP session is TRUE?
A. It uses a UDP connection with an arbitrary port number.
B. It uses a TCP connection with well-known port number 646.
C. It uses a TCP connection with an arbitrary port number.
D. It uses a UDP connection with well-known port number 646.
Answer: B