Cabell Products is a division of a major corporation. Last year the division had total sales of $26,320,000, net operating income of $2,424,320, and average operating assets of $7,000,000. The company's minimum required rate of return is 12%.The division's turnover is closest to:

A) 10.86
B) 3.76
C) 0.35
D) 2.89

Which of the following is recommended for an effective blog?

A) Avoid conversations with the readers.
B) Maintain variations in the quality of the blog.
C) Avoid the inclusion of stories in the blog.
D) Update the blog regularly.

If a company determines cost of goods sold each time a sale occurs it

A) must have a computer accounting system.
B) uses a combination of the perpetual and periodic inventory systems.
C) uses a periodic inventory system.
D) uses a perpetual inventory system.

Which of the following statements in relation to making tactical decisions is incorrect?

A) Future costs are always relevant.
B) Sunk costs are always irrelevant.
C) Allocated and unitised fixed costs are generally irrelevant.
D) Opportunity cost is relevant when there is no excess capacity.

In Scenario 16-2, to determine the materials productivity for the sugar and chocolate, Shana would use the formula and find that the ratio was ______.

A) 3
B) 5
C) 2
D) 4

The approach to followership offered by Chaleff ______.

A) is prescriptive
B) is amoral
C) is limited
D) provides no typology