A Bank Wants to Examine How Well a Customer Uses

question 95

Multiple Choice

A bank wants to examine how well a customer uses assets to generate sales.They are most likely to look at which of the following ratios?

• A)Wages and salaries/Net sales
• B)Accounts receivable/(Annual credit sales/360)
• C)Net income after taxes/Net sales
• D)Income before interest and taxes/Interest payments
• E)(Current assets - Inventory)/Current liabilities

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Definitions:

Small Talk

Casual or informal conversation used to establish rapport with clients before moving into the main topic of discussion.

Rapport

A positive, mutual relationship characterized by trust, understanding, and good communication, often established between people in personal and professional contexts.

Sales Presentation

A formal pitch or demonstration given to potential buyers, showcasing a product or service's features, benefits, and value proposition.

Demonstration

An action or process of showing the capability or features of a product or service to a potential customer, often part of a sales presentation.