subject
Business, 05.05.2020 14:32 ambarpena14

Bill Raymond is the CEO of the Drummond Group, a consulting group in the Carolinas. Sales have increased at least five percent every year for the past seven years. Unfortunately, the company has hit a slump this year, and revenue is far less than anticipated. However, in order to receive his performance bonus, Bill must show a sales increase of at least seven percent. When the financials are released, sales have increased by exactly seven percent. Which of the following ratio analyses would be most helpful in revealing that Bill included bogus sales in the company's financials? a) Inventory turnover b) Receivable turnover c) Debt-to-equity ratio d) Quick ratio

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:50
The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300
Answers: 2
question
Business, 22.06.2019 04:40
Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies
Answers: 1
question
Business, 22.06.2019 11:10
Post test question number 9 for entering the job market
Answers: 1
question
Business, 22.06.2019 17:30
What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?
Answers: 1
You know the right answer?
Bill Raymond is the CEO of the Drummond Group, a consulting group in the Carolinas. Sales have incre...
Questions
question
English, 01.11.2020 22:10
question
Mathematics, 01.11.2020 22:10
question
Business, 01.11.2020 22:10
question
Computers and Technology, 01.11.2020 22:10
Questions on the website: 13722359