Fairchild garden supply expects $700 million of sales this year, and it forecasts a 15% increase for next year. the cfo uses this equation to forecast inventory requirements at different levels of sales: inventories = $30.2 + 0.25(sales). all dollars are in millions. what is the projected inventory turnover ratio for the coming year? a. 3.48 times b. 2.82 times c. 2.78 times d. 4.35 times
a. 2.78 times
b. 2.82 times
c. 4.35 times
d. 3.79 times
e. 3.48 times

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?

1. using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables. which reporting makes moss look better? 2. under what condition would the reclassification of the receivables be ethical? 3. unethical?

Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. which statement accurately supports her argument? people would pay less in interest fees. people would have greater protection in case of emergencies. people would need to save for many years to buy a home or open a business. people would support the economy through purchases of more goods and services.