Consider a Firm with a 2019 Net Income of $20

question 133

Multiple Choice

Consider a firm with a 2019 net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, how many weeks of supply does the firm hold?

• A) 12.50
• B) 5.20
• C) 2.60
• D) 0.08
• E) 4.16

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Definitions:

Clothing

Items worn on the body, typically made from fabric, used for protection, modesty, or fashion.

Grooming

The process of cleaning and maintaining one's body appearance or the act of preparing someone for a specific role or activity.

Maturity Level

A measure of an individual's emotional and intellectual development, often influencing their ability to handle responsibilities and challenges.

Interview Clothing

Apparel chosen for a job interview, typically professional and appropriate to the company's culture, to make a positive impression.