Instructions: the Following Sentences Form a Passage

question 325

Multiple Choice

Instructions: The following sentences form a passage. Select the correct noun for each blank. Several hotel ____ refused to let him stay with the team when the Dodgers went on road trips.

• A) owner
• B) owners

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Definitions:

Just-In-Time Inventory System

A supply chain management strategy aimed at reducing inventory costs by receiving goods only as they are needed in the production process.

Acid-Test

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets without relying on the sale of inventory.

Current Ratio

A financial ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Cash Discount

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.