A Firm Currently Has Sales of $382,000 and Net Working

question 55

Multiple Choice

A firm currently has sales of $382,000 and net working capital of $45,840.Assume net working capital changes in direct proportion to sales.What will be the increase in net working capital if sales increase by 8%?

• A) $1,222
• B) $2,809
• C) $3,091
• D) $3,667

Identify strategies for managing and overcoming resistance to change in organizational settings.

Understand the process of negotiation including the development of alternative deal packages and finding common ground.

Recognize the characteristics and implications of different types of changes as outlined in the Nadler-Tushman model.

Comprehend the importance of being proactive versus reactive in the context of organizational change and leadership.

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Definitions:

Channel Of Distribution

Refers to the path or route through which goods and services travel from the producer or supplier to the end consumer.

Markup

The amount added to the cost price of goods to cover overhead and profit; expressed as a percentage of the cost.

Selling Price

The amount of money a buyer pays to purchase an item from a seller.

Trade Advertising

Advertising directed towards professionals within a specific industry, as opposed to general consumers, to promote products or services.