Teksupply inc., an automobile parts supplier, held an average automobile parts inventory of $4 million last year. its cost of goods sold was $25 million. therefore, the automobile parts experienced an inventory turnover of turns last year. a. 2.5 b. 4.25 c. 6.25 d. 9.5

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right

What resourse is both renewable and inexpensive? gold coal lumber mineral