Peregrine exam stuvia - Study guides, Class notes & Summaries

When the costs of supplies increase in an industry, the low cost leader_____ - ANSWERis the only firm able to pay the higher prices and continue to earn average or above average returns Accounts Payable - ANSWERcurrent liability account in which a company records the amounts it owes to suppliers or vendors for goods or services that it recieved on credit accounts receivable - ANSWERcurrent asset account in which a company records the amounts it has a right to collect from customers who rec...

Which of the following is NOT a strategic alternative to laying off employees? - ANSWERLowering Employment Standards KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break-even quantity? - ANSWER173,310 The Marketing Concept today is about what? - ANSWERSales Which of these is not a cash flow activity category...

RETAINED EARNINGS Begin retained earnings + Profit/losses- Dividents - ANSWERAn amount earned by a corporation and not yet distributed to stockholders. Inventory turnover ratio COGS/ Average Inventory - ANSWERratio showing how many times a company has sold and replaced inventory during a given period. ROA - ANSWERmetric that measures the profitability of a business in relation to its total assets. This ratio indicates how well a company is performing by comparing the profit (net income) ...