Table 3.1 Information (2010 Values)

question 186

Multiple Choice

Table 3.1 Information (2010 values)
1. Sales totaled $110,000
2. The gross profit margin was 25 percent.
3. Inventory turnover was 3.0.
4. There are 360 days in the year.
5. The average collection period was 65 days.
6. The current ratio was 2.40.
7. The total asset turnover was 1.13.
8. The debt ratio was 53.8 percent.
-Inventory for CEE in 2010 was ________. (See Table 3.1)

• A) $36,667
• B) $32,448
• C) $27,500
• D) $ 9,167

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Definitions:

Productivity Suffers

A situation where the efficiency or output of work decreases due to various factors.

Emotional Interference

The impact of one's emotions on their cognitive processes, potentially hindering decision-making or problem-solving abilities.

Selective Perception

The process by which individuals perceive what they want in media messages while ignoring opposing viewpoints.

Selective Memory

A cognitive process where a person remembers some information while forgetting other info, often influenced by emotional factors.