Author Question: Consider a firm with a 2012 net income of $20 million, revenue of $60 million and cost of goods sold ... (Read 113 times)

cool · **on:** Dec 3, 2019

Question 1

The three classic types of negotiation strategies are
◦ many suppliers, few suppliers, and keiretsu.
◦ Theory X, Theory Y, and Theory Z.
◦ cost-based price model, market-based price model, and competitive bidding.
◦ vendor evaluation, vendor development, and vendor selection.
◦ vendor-managed inventory, channel assembly, blanket orders.

Question 2

Consider a firm with a 2012 net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, what is the inventory turnover?
◦ 4.16
◦ 10.00
◦ 12.50
◦ 20.00
◦ 42.00

robbielu01 · **Reply #1 on:** Dec 3, 2019

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