Which group of tactics would be most commonly used to increase asset turnover?
Increase capacity to lower plant utilization to minimum levels, increase contribution margins, & increase ROS
Lower capacity to increase plant utilization to maximum levels, increase contribution margins, & increase ROS
Increase capacity to lower plant utilization to minimum levels, decrease contribution margins, & decrease ROS
Lower capacity to increase plant utilization to maximum levels, decrease contribution margins, & decrease ROS
Why would your company want to extend out its accounts receivable policy?
Extending their receivables will slightly increase demand
Extending their receivables will increase their available cash
Extending their receivables will make their suppliers happy
None of the above
Besides charging below average prices to customers, select which group of characteristics would be most commonly used by a broad cost leadership strategy.
Heavily increase automation ratings, invest heavily in marketing, & target a specific group of market segments
Heavily increase automation ratings, minimize marketing expenses early, & maintain a presence in every market segment
Slightly increase automation ratings, invest heavily in marketing, & maintain a presence in every market segment
Slightly increase automation ratings, minimize marketing expenses early, & target a specific group of market segments
When the Marketing Department works with the Finance Department, which of the following would be determined?
Projecting revenues for each product, and setting AR and AP Policies.
Ensuring manufacturing runs are in line with market growth projections.
Ensuring product line meets customer expectations, and projecting revenues.
Establishing how much capacity and automation is feasible to buy or sell.
How does the Balanced Scorecard measure how effectively your company is working its assets?
Days of Working Capital
Inventory Carrying Costs
Product Count
Plant Utilization
Which of the following can decrease variable costs on the income statement?
Increasing automation
Increasing automation and issuing stock
Decreasing automation
None of the above
The contribution margin on the income statement factors in which of the following?
Depreciation
Direct labor costs of products
Direct material costs of products
Both B and C
Which action would decrease the customer survey score?
Increase price
Increase MTBF
Increase automation
Decrease debt
As a Finance manager, how can you increase net profit?
Lower MTBF
Increase price
Increase automation
Reduce debt
Increase capacity to lower plant utilization to minimum levels, increase contribution margins, & increase ROS
Lower capacity to increase plant utilization to maximum levels, increase contribution margins, & increase ROS
Increase capacity to lower plant utilization to minimum levels, decrease contribution margins, & decrease ROS
Lower capacity to increase plant utilization to maximum levels, decrease contribution margins, & decrease ROS
Why would your company want to extend out its accounts receivable policy?
Extending their receivables will slightly increase demand
Extending their receivables will increase their available cash
Extending their receivables will make their suppliers happy
None of the above
Besides charging below average prices to customers, select which group of characteristics would be most commonly used by a broad cost leadership strategy.
Heavily increase automation ratings, invest heavily in marketing, & target a specific group of market segments
Heavily increase automation ratings, minimize marketing expenses early, & maintain a presence in every market segment
Slightly increase automation ratings, invest heavily in marketing, & maintain a presence in every market segment
Slightly increase automation ratings, minimize marketing expenses early, & target a specific group of market segments
When the Marketing Department works with the Finance Department, which of the following would be determined?
Projecting revenues for each product, and setting AR and AP Policies.
Ensuring manufacturing runs are in line with market growth projections.
Ensuring product line meets customer expectations, and projecting revenues.
Establishing how much capacity and automation is feasible to buy or sell.
How does the Balanced Scorecard measure how effectively your company is working its assets?
Days of Working Capital
Inventory Carrying Costs
Product Count
Plant Utilization
Which of the following can decrease variable costs on the income statement?
Increasing automation
Increasing automation and issuing stock
Decreasing automation
None of the above
The contribution margin on the income statement factors in which of the following?
Depreciation
Direct labor costs of products
Direct material costs of products
Both B and C
Which action would decrease the customer survey score?
Increase price
Increase MTBF
Increase automation
Decrease debt
As a Finance manager, how can you increase net profit?
Lower MTBF
Increase price
Increase automation
Reduce debt
